What is the cost of living in Richland, MS?
According to the most recent data on the cost of living, Richland has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Mississippi, Richland has a cost of living index that's 1.0x higher than Mississippi's index of 88.
The standard of living in Richland ranks as #37 most affordable out of the 67 places we measured in Mississippi. By definition, that implies Richland ranks as the #30 most expensive place in the Magnolia State.
For more reading on life in Richland, check out:
Richland Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Richland. Here is how it fares on each of the criteria:
The Services index in Richland is 95.
The Groceries index in Richland is 91.
The Health index in Richland is 71.
The Housing index in Richland is 93.
The Transportation index in Richland is 94.
The Utilities index in Richland is 89.
| Living Expense | Richland | Mississippi | National Average |
|---|---|---|---|
| Overall | 90 | 88 | 100 |
| Services | 95 | 99 | 100 |
| Groceries | 91 | 97 | 100 |
| Health | 71 | 63 | 100 |
| Housing | 93 | 94 | 100 |
| Transportation | 94 | 97 | 100 |
| Utilities | 89 | 93 | 100 |
Richland 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
Richland, 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 Richland is $217,271.
The Median Rent in Richland is $1,185.
The Median Income in Richland is $66,558.
The Home Value To Income in Richland is 3.3x.
The Rent To Monthly Income in Richland is 0.21x.
| Statistic | Richland | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $217,271 | $192,906 | $332,700 |
| Median Rent | $1,185 | $954 | $1,413 |
| Median Income | $66,558 | $56,447 | $80,734 |
| Home Value To Income | 3.3x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Richland, MS Costs By Category
Detailed Richland Services costs vs. Mississippi
| Item | Richland | Mississippi |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $13.59 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $22.5 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
Detailed Richland Groceries costs vs. Mississippi
| Item | Richland | Mississippi |
|---|---|---|
| Ground Beef | $6.19 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.64 | $4.67 |
| Potatoes | $5.1 | $4.93 |
| Pizza | $12.66 | $12.09 |
| Beer | $9.66 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Richland Health costs vs. Mississippi
| Item | Richland | Mississippi |
|---|---|---|
| Optometrist | $106.25 | $125.68 |
| Doctor | $134.71 | $135.78 |
| Dentist | $121.33 | $113.29 |
Detailed Richland Transportation costs vs. Mississippi
| Item | Richland | Mississippi |
|---|---|---|
| Gasoline | $3.02 | $3.46 |
| Tire Balancing | $38.33 | $59.92 |
Detailed Richland Utilities costs vs. Mississippi
| Item | Richland | Mississippi |
|---|---|---|
| All Electricity | $141.59 | $193.99 |
| Phone | $187.62 | $192.25 |
Richland SnackAbility
Cost Of Living In Cities Around Richland
The cost of living varies in the cities and towns around Richland. Here's a quick look at the cost of living in the most populous nearby places:
Jackson, MS has a cost of living index of 86, 1.0x Richland.
Madison, MS has a cost of living index of 112, 1.2x Richland.
Pearl, MS has a cost of living index of 89, 1.0x Richland.
| City | Population | Cost Of Living | Vs. Richland |
|---|---|---|---|
| Jackson, MS | 146,631 | 86 | 1.0x |
| Madison, MS | 27,946 | 112 | 1.2x |
| Pearl, MS | 27,737 | 89 | 1.0x |
| Clinton, MS | 27,195 | 94 | 1.0x |
| Brandon, MS | 25,542 | 99 | 1.1x |
| Ridgeland, MS | 24,587 | 100 | 1.1x |
| Byram, MS | 12,799 | 93 | 1.0x |
| Flowood, MS | 10,587 | 101 | 1.1x |
