What is the cost of living in Latimer, MS?
According to the most recent data on the cost of living, Latimer has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Latimer has a cost of living index that's 1.0x higher than Mississippi's index of 88.
The standard of living in Latimer ranks as #42 most affordable out of the 67 places we measured in Mississippi. By definition, that implies Latimer ranks as the #25 most expensive place in the Magnolia State.
For more reading on life in Latimer, check out:
Latimer Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Latimer. Here is how it fares on each of the criteria:
The Services index in Latimer is 95.
The Groceries index in Latimer is 95.
The Health index in Latimer is 85.
The Housing index in Latimer is 94.
The Transportation index in Latimer is 98.
The Utilities index in Latimer is 94.
| Living Expense | Latimer | Mississippi | National Average |
|---|---|---|---|
| Overall | 92 | 88 | 100 |
| Services | 95 | 99 | 100 |
| Groceries | 95 | 97 | 100 |
| Health | 85 | 63 | 100 |
| Housing | 94 | 94 | 100 |
| Transportation | 98 | 97 | 100 |
| Utilities | 94 | 93 | 100 |
Latimer Cost Of Living Compared To Mississippi Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Mississippi, check out:
- Most Expensive Cities In Mississippi
- Most Affordable Cities In Mississippi
- Average Rent In Mississippi
Source: Cost-of-living index 2026, normalized to US average = 100
Latimer, MS Housing Cost Breakdown
Housing swings affordability the most between places in Mississippi, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Latimer is $215,173.
The Median Rent in Latimer is $1,122.
The Median Income in Latimer is $70,237.
The Home Value To Income in Latimer is 3.1x.
The Rent To Monthly Income in Latimer is 0.19x.
| Statistic | Latimer | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $215,173 | $192,906 | $332,700 |
| Median Rent | $1,122 | $954 | $1,413 |
| Median Income | $70,237 | $56,447 | $80,734 |
| Home Value To Income | 3.1x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
Latimer, MS Costs By Category
Detailed Latimer Services costs vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $10.62 | $12.13 |
| Bowling | $17.33 | $18 |
| Haircut | $24.75 | $24.26 |
| Beauty Salon | $45.72 | $45.56 |
Detailed Latimer Groceries costs vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.16 | $4.93 |
| Pizza | $11.24 | $12.09 |
| Beer | $9.16 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
Detailed Latimer Health costs vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Optometrist | $122.28 | $125.68 |
| Doctor | $128.94 | $135.78 |
| Dentist | $138.76 | $113.29 |
Detailed Latimer Transportation costs vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $60.67 | $59.92 |
Detailed Latimer Utilities costs vs. Mississippi
| Item | Latimer | Mississippi |
|---|---|---|
| All Electricity | $162.85 | $193.99 |
| Phone | $187.62 | $192.25 |
Latimer SnackAbility
Cost Of Living In Cities Around Latimer
The cost of living varies in the cities and towns around Latimer. Here's a quick look at the cost of living in the most populous nearby places:
Gulfport, MS has a cost of living index of 92, 1.0x Latimer.
Biloxi, MS has a cost of living index of 94, 1.0x Latimer.
Pascagoula, MS has a cost of living index of 87, 0.9x Latimer.
| City | Population | Cost Of Living | Vs. Latimer |
|---|---|---|---|
| Gulfport, MS | 73,003 | 92 | 1.0x |
| Biloxi, MS | 48,861 | 94 | 1.0x |
| Pascagoula, MS | 21,710 | 87 | 0.9x |
| Gautier, MS | 19,046 | 92 | 1.0x |
| Ocean Springs, MS | 18,646 | 98 | 1.1x |
| D'Iberville, MS | 13,203 | 96 | 1.0x |
| Gulf Hills, MS | 8,451 | 96 | 1.0x |
| St. Martin, MS | 8,139 | 88 | 1.0x |
| Gulf Park Estates, MS | 6,264 | 98 | 1.1x |
