Oxford, MS Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
96
Oxford's Overall Cost Of Living
1.0x
Lower Than The National Average
67 out of 69
In Mississippi
2,601 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Oxford is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Oxford, MS?

According to the most recent data on the cost of living, Oxford has an overall cost of living index of 96 which is 1.0x lower than the national index of 100.

Compared to only Mississippi, Oxford has a cost of living index that's 1.2x higher than Mississippi's index of 82.

The standard of living in Oxford ranks as #2,601 most affordable out of the 6,418 places we measured in Mississippi. By definition, that implies Oxford ranks as the #3,818 most expensive place in the Magnolia State.

For more reading on life in Oxford, check out:

Oxford Cost Of Living Vs. Mississippi

Living Expense Oxford Mississippi National Average
Overall 96 82 100
Services 90 95 100
Groceries 84 94 100
Health 81 90 100
Housing 112 64 100
Transportation 90 89 100
Utilities 86 97 100
For more reading on cost of living around Mississippi, check out:
Oxford Cost of Living Vs. MS

Oxford, MS Housing Cost Breakdown

Housing swings affordability the most between places in Mississippi, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$270,000
Median Home Value
$973
Median Rent
$48,566
Median Income
Statistic Oxford Mississippi United States
Median Home Value $270,000 $125,500 $229,800
Median Rent $973 $789 $1,096
Median Income $48,566 $46,511 $64,994
Home Value To Income 5.6x 2.7x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Oxford Services Costs Vs. Mississippi

Item Oxford Mississippi
Shampoo $0.91 $1.06
Movie $9.75 $10.68
Bowling $10.0 $14.67

Detailed Oxford Groceries Costs Vs. Mississippi

Item Oxford Mississippi
Ground Beef $3.44 $4.22
Fried Chicken $0.95 $1.39
Milk $1.03 $2.05

Detailed Oxford Health Costs Vs. Mississippi

Item Oxford Mississippi
Haircut $16.33 $18.62
Beauty Salon $21.89 $39.05
Toothpaste $1.63 $2.34

Detailed Oxford Transportation Costs Vs. Mississippi

Item Oxford Mississippi
Potatoes $2.86 $3.29
Pizza $10.08 $10.62
Beer $8.7 $9.38
Optometrist $97.78 $108.57
Doctor $58.33 $116.17
Dentist $81.11 $99.13

Detailed Oxford Utilities Costs Vs. Mississippi

Item Oxford Mississippi
Gasoline $1.91 $2.22
Tire Balancing $45.33 $50.07
All Electricity $131.41 $167.67
Phone $181.26 $175.64

Oxford SnackAbility

7
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
4
Diversity
8.5
Safety
6
Amenities
8.5
Education
9
Commute
8.5

Cost Of Living In Cities Around Oxford

City Population Cost Of Living Vs. Oxford
Southaven, MS 55,026 88 0.9x
Collierville, TN 50,596 107 1.1x
Olive Branch, MS 38,270 94 1.0x
Tupelo, MS 38,251 82 0.9x
Hernando, MS 16,206 90 0.9x
New Albany, MS 8,723 83 0.9x
Senatobia, MS 7,759 86 0.9x
Batesville, MS 7,200 82 0.9x
Pontotoc, MS 6,070 80 0.8x
Ripley, MS 5,268 78 0.8x

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