Cost of living in McComb research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means McComb is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Mississippi, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in McComb is 83, with 100 being the average.
The cost of living index in McComb is 0.8x lower than the national average.
McComb ranks as the #30 cheapest in Mississippi out of 69.
McComb ranks as the #491 cheapest out of 6,412 in the US.
The median home value in McComb is $92,800.
The median income in McComb is $32,515.
According to the most recent data on the cost of living, McComb has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Mississippi, McComb has a cost of living index that's 1.0x lower than Mississippi's index of 86.
The standard of living in McComb ranks as #30 most affordable out of the 69 places we measured in Mississippi. By definition, that implies McComb ranks as the #39 most expensive place in the Magnolia State.
For more reading on life in McComb, check out:
Six factors go into calculating the cost of living index in McComb. Here is how it fairs on each of the criteria:
The Services index in McComb is 95.
The Groceries index in McComb is 95.
The Health index in McComb is 94.
The Housing index in McComb is 53.
The Transportation index in McComb is 88.
The Utilities index in McComb is 89.
|Living Expense||McComb||Mississippi||National Average|
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 2017-2021. The key points are:
The Median Home Value in McComb is $92,800.
The Median Rent in McComb is $770.
The Median Income in McComb is $32,515.
The Home Value To Income in McComb is 2.9x.
The Rent To Monthly Income in McComb is 0.28x.
|Median Home Value||$92,800||$133,000||$244,900|
|Home Value To Income||2.9x||2.7x||3.5x|
|Rent To Monthly Income||0.28x||0.2x||0.2x|
The cost of living varies in the cities and towns around McComb. Here's a quick look at the cost of living in the most populous nearby places:
Brookhaven, MS has a cost of living index of 85, 1.0x McComb.
Bogalusa, LA has a cost of living index of 82, 1.0x McComb.
Georgetown, SC has a cost of living index of 91, 1.1x McComb.