Cost of living in Natchez 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 Natchez 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 Natchez is 84, with 100 being the average.
The cost of living index in Natchez is 0.8x lower than the national average.
Natchez ranks as the #26 cheapest in Mississippi out of 68.
Natchez ranks as the #406 cheapest out of 6,489 in the US.
The median home value in Natchez is $116,613.
The median income in Natchez is $35,613.
According to the most recent data on the cost of living, Natchez has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Natchez has a cost of living index that's 1.0x lower than Mississippi's index of 84.
The standard of living in Natchez ranks as #26 most affordable out of the 68 places we measured in Mississippi. By definition, that implies Natchez ranks as the #42 most expensive place in the Magnolia State.
For more reading on life in Natchez, check out:
Six factors go into calculating the cost of living index in Natchez. Here is how it fairs on each of the criteria:
The Services index in Natchez is 95.
The Groceries index in Natchez is 97.
The Health index in Natchez is 86.
The Housing index in Natchez is 55.
The Transportation index in Natchez is 98.
The Utilities index in Natchez is 98.
| Living Expense | Natchez | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 84 | 84 | 100 | |
| Services | 95 | 90 | 100 | |
| Groceries | 97 | 95 | 100 | |
| Health | 86 | 96 | 100 | |
| Housing | 55 | 63 | 100 | |
| Transportation | 98 | 90 | 100 | |
| Utilities | 98 | 85 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Natchez is $116,613.
The Median Rent in Natchez is $745.
The Median Income in Natchez is $35,613.
The Home Value To Income in Natchez is 3.3x.
The Rent To Monthly Income in Natchez is 0.25x.
| Statistic | Natchez | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $116,613 | $188,640 | $303,400 |
| Median Rent | $745 | $923 | $1,348 |
| Median Income | $35,613 | $54,915 | $78,538 |
| Home Value To Income | 3.3x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.21x |
| Item | Natchez | Mississippi |
|---|---|---|
| Shampoo | $1.07 | $1.28 |
| Movie | $10.3 | $12.13 |
| Bowling | $15.0 | $18 |
| Haircut | $23.17 | $24.26 |
| Beauty Salon | $35.17 | $45.56 |
| Item | Natchez | Mississippi |
|---|---|---|
| Ground Beef | $5.99 | $5.84 |
| Fried Chicken | $1.69 | $1.57 |
| Milk | $4.49 | $4.67 |
| Potatoes | $5.07 | $4.93 |
| Pizza | $11.12 | $12.09 |
| Beer | $9.97 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
| Item | Natchez | Mississippi |
|---|---|---|
| Optometrist | $135.0 | $125.68 |
| Doctor | $79.0 | $135.78 |
| Dentist | $99.88 | $113.29 |
| Item | Natchez | Mississippi |
|---|---|---|
| Gasoline | $3.16 | $3.46 |
| Tire Balancing | $67.8 | $59.92 |
| Item | Natchez | Mississippi |
|---|---|---|
| All Electricity | $190.12 | $193.99 |
| Phone | $186.9 | $192.25 |