Ripley, MS Cost Of Living
Cost Of Living In Ripley, MS Summary
Cost of living in Ripley 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 Ripley 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 Ripley is 80, with 100 being the average.
The cost of living index in Ripley is 0.8x lower than the national average.
Ripley ranks as the #10 cheapest in Mississippi out of 68.
Ripley ranks as the #112 cheapest out of 6,489 in the US.
The median home value in Ripley is $147,505.
The median income in Ripley is $56,641.
Table Of Contents
Ripley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Ripley, MS?
According to the most recent data on the cost of living, Ripley has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Ripley has a cost of living index that's 1.0x lower than Mississippi's index of 84.
The standard of living in Ripley ranks as #10 most affordable out of the 68 places we measured in Mississippi. By definition, that implies Ripley ranks as the #58 most expensive place in the Magnolia State.
For more reading on life in Ripley, check out:
In Mississippi
In America
Ripley Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Ripley. Here is how it fairs on each of the criteria:
The Services index in Ripley is 85.
The Groceries index in Ripley is 96.
The Health index in Ripley is 86.
The Housing index in Ripley is 57.
The Transportation index in Ripley is 90.
The Utilities index in Ripley is 83.
| Living Expense | Ripley | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 80 | 84 | 100 | |
| Services | 85 | 90 | 100 | |
| Groceries | 96 | 95 | 100 | |
| Health | 86 | 96 | 100 | |
| Housing | 57 | 63 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 83 | 85 | 100 | |
Ripley, 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 2019-2023. The key points are:
The Median Home Value in Ripley is $147,505.
The Median Rent in Ripley is $683.
The Median Income in Ripley is $56,641.
The Home Value To Income in Ripley is 2.6x.
The Rent To Monthly Income in Ripley is 0.14x.
| Statistic | Ripley | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $147,505 | $188,640 | $303,400 |
| Median Rent | $683 | $923 | $1,348 |
| Median Income | $56,641 | $54,915 | $78,538 |
| Home Value To Income | 2.6x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Ripley, MS Costs By Category
Detailed Ripley Services Costs Vs. Mississippi
| Item | Ripley | Mississippi |
|---|---|---|
| Shampoo | $1.06 | $1.28 |
| Movie | $10.65 | $12.13 |
| Bowling | $12.5 | $18 |
| Haircut | $23.45 | $24.26 |
| Beauty Salon | $26.75 | $45.56 |
Detailed Ripley Groceries Costs Vs. Mississippi
| Item | Ripley | Mississippi |
|---|---|---|
| Ground Beef | $6.01 | $5.84 |
| Fried Chicken | $1.62 | $1.57 |
| Milk | $4.51 | $4.67 |
| Potatoes | $5.06 | $4.93 |
| Pizza | $11.06 | $12.09 |
| Beer | $9.17 | $10.41 |
| Toothpaste | $3.71 | $3.7 |
Detailed Ripley Health Costs Vs. Mississippi
| Item | Ripley | Mississippi |
|---|---|---|
| Optometrist | $120.17 | $125.68 |
| Doctor | $78.94 | $135.78 |
| Dentist | $108.33 | $113.29 |
Detailed Ripley Transportation Costs Vs. Mississippi
| Item | Ripley | Mississippi |
|---|---|---|
| Gasoline | $3.0 | $3.46 |
| Tire Balancing | $57.33 | $59.92 |
Detailed Ripley Utilities Costs Vs. Mississippi
| Item | Ripley | Mississippi |
|---|---|---|
| All Electricity | $148.63 | $193.99 |
| Phone | $186.87 | $192.25 |
Ripley SnackAbility
/10
Cost Of Living In Cities Around Ripley
The cost of living varies in the cities and towns around Ripley. Here's a quick look at the cost of living in the most populous nearby places:
Collierville, TN has a cost of living index of 114, 1.4x Ripley.
Tupelo, MS has a cost of living index of 85, 1.1x Ripley.
Oxford, MS has a cost of living index of 99, 1.2x Ripley.
| City | Population | Cost Of Living | Vs. Ripley |
|---|---|---|---|
| Collierville, TN | 51,212 | 114 | 1.4x |
| Tupelo, MS | 37,825 | 85 | 1.1x |
| Oxford, MS | 26,086 | 99 | 1.2x |
| Corinth, MS | 14,450 | 87 | 1.1x |
| Oakland, TN | 9,544 | 101 | 1.3x |
| Booneville, MS | 9,060 | 82 | 1.0x |
| New Albany, MS | 7,661 | 83 | 1.0x |
| Holly Springs, MS | 6,861 | 79 | 1.0x |
| Pontotoc, MS | 5,717 | 86 | 1.1x |
| Bolivar, TN | 5,171 | 83 | 1.0x |
