Pontotoc, MS Cost Of Living
Cost Of Living In Pontotoc, MS Summary
Cost of living in Pontotoc 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 Pontotoc 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 Pontotoc is 80, with 100 being the average.
The cost of living index in Pontotoc is 0.8x lower than the national average.
Pontotoc ranks as the #13 cheapest in Mississippi out of 69.
Pontotoc ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Pontotoc is $123,400.
The median income in Pontotoc is $49,036.
Table Of Contents
Pontotoc's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pontotoc, MS?
According to the most recent data on the cost of living, Pontotoc has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Pontotoc has a cost of living index that's 0.9x lower than Mississippi's index of 86.
The standard of living in Pontotoc ranks as #13 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Pontotoc ranks as the #56 most expensive place in the Magnolia State.
For more reading on life in Pontotoc, check out:
- Living In Pontotoc
- Pontotoc Crime Report
- Search Homes For Sale In Pontotoc, MS
In Mississippi
In America
Pontotoc Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Pontotoc. Here is how it fairs on each of the criteria:
The Services index in Pontotoc is 87.
The Groceries index in Pontotoc is 82.
The Health index in Pontotoc is 82.
The Housing index in Pontotoc is 59.
The Transportation index in Pontotoc is 90.
The Utilities index in Pontotoc is 87.
| Living Expense | Pontotoc | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 80 | 86 | 100 | |
| Services | 87 | 92 | 100 | |
| Groceries | 82 | 94 | 100 | |
| Health | 82 | 98 | 100 | |
| Housing | 59 | 69 | 100 | |
| Transportation | 90 | 91 | 100 | |
| Utilities | 87 | 87 | 100 | |
Pontotoc, 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 2017-2021. The key points are:
The Median Home Value in Pontotoc is $123,400.
The Median Rent in Pontotoc is $675.
The Median Income in Pontotoc is $49,036.
The Home Value To Income in Pontotoc is 2.5x.
The Rent To Monthly Income in Pontotoc is 0.17x.
| Statistic | Pontotoc | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $123,400 | $133,000 | $244,900 |
| Median Rent | $675 | $830 | $1,163 |
| Median Income | $49,036 | $49,111 | $69,021 |
| Home Value To Income | 2.5x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Pontotoc, MS Costs By Category
Detailed Pontotoc Services Costs Vs. Mississippi
| Item | Pontotoc | Mississippi |
|---|---|---|
| Shampoo | $0.91 | $1.06 |
| Movie | $9.75 | $10.68 |
| Bowling | $10.0 | $14.67 |
| Haircut | $16.33 | $18.62 |
| Beauty Salon | $21.89 | $39.05 |
Detailed Pontotoc Groceries Costs Vs. Mississippi
| Item | Pontotoc | Mississippi |
|---|---|---|
| Ground Beef | $3.44 | $4.22 |
| Fried Chicken | $0.95 | $1.39 |
| Milk | $1.03 | $2.05 |
| Potatoes | $2.86 | $3.29 |
| Pizza | $10.08 | $10.62 |
| Beer | $8.7 | $9.38 |
| Toothpaste | $1.63 | $2.34 |
Detailed Pontotoc Health Costs Vs. Mississippi
| Item | Pontotoc | Mississippi |
|---|---|---|
| Optometrist | $97.78 | $108.57 |
| Doctor | $58.33 | $116.17 |
| Dentist | $81.11 | $99.13 |
Detailed Pontotoc Transportation Costs Vs. Mississippi
| Item | Pontotoc | Mississippi |
|---|---|---|
| Gasoline | $1.91 | $2.22 |
| Tire Balancing | $45.33 | $50.07 |
Detailed Pontotoc Utilities Costs Vs. Mississippi
| Item | Pontotoc | Mississippi |
|---|---|---|
| All Electricity | $131.41 | $167.67 |
| Phone | $181.26 | $175.64 |
Pontotoc SnackAbility
/10
Cost Of Living In Cities Around Pontotoc
The cost of living varies in the cities and towns around Pontotoc. Here's a quick look at the cost of living in the most populous nearby places:
Tupelo, MS has a cost of living index of 82, 1.0x Pontotoc.
Oxford, MS has a cost of living index of 96, 1.2x Pontotoc.
West Point, MS has a cost of living index of 79, 1.0x Pontotoc.
| City | Population | Cost Of Living | Vs. Pontotoc |
|---|---|---|---|
| Tupelo, MS | 37,872 | 82 | 1.0x |
| Oxford, MS | 25,859 | 96 | 1.2x |
| West Point, MS | 10,148 | 79 | 1.0x |
| Booneville, MS | 8,702 | 79 | 1.0x |
| New Albany, MS | 7,657 | 83 | 1.0x |
| Holly Springs, MS | 6,743 | 77 | 1.0x |
| Amory, MS | 6,665 | 79 | 1.0x |
| Ripley, MS | 5,412 | 78 | 1.0x |
