Cost of living in St. Martin 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 St. Martin 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 St. Martin is 88, with 100 being the average.
The cost of living index in St. Martin is 0.9x lower than the national average.
St. Martin ranks as the #36 cheapest in Mississippi out of 68.
St. Martin ranks as the #912 cheapest out of 6,489 in the US.
The median home value in St. Martin is $200,211.
The median income in St. Martin is $53,488.
According to the most recent data on the cost of living, St. Martin has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Mississippi, St. Martin has a cost of living index that's 1.0x higher than Mississippi's index of 84.
The standard of living in St. Martin ranks as #36 most affordable out of the 68 places we measured in Mississippi. By definition, that implies St. Martin ranks as the #32 most expensive place in the Magnolia State.
For more reading on life in St. Martin, check out:
Six factors go into calculating the cost of living index in St. Martin. Here is how it fairs on each of the criteria:
The Services index in St. Martin is 98.
The Groceries index in St. Martin is 98.
The Health index in St. Martin is 108.
The Housing index in St. Martin is 76.
The Transportation index in St. Martin is 94.
The Utilities index in St. Martin is 90.
| Living Expense | St. Martin | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 88 | 84 | 100 | |
| Services | 98 | 90 | 100 | |
| Groceries | 98 | 95 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 76 | 63 | 100 | |
| Transportation | 94 | 90 | 100 | |
| Utilities | 90 | 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 St. Martin is $200,211.
The Median Rent in St. Martin is $1,040.
The Median Income in St. Martin is $53,488.
The Home Value To Income in St. Martin is 3.7x.
The Rent To Monthly Income in St. Martin is 0.23x.
| Statistic | St. Martin | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $200,211 | $188,640 | $303,400 |
| Median Rent | $1,040 | $923 | $1,348 |
| Median Income | $53,488 | $54,915 | $78,538 |
| Home Value To Income | 3.7x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
| Item | St. Martin | Mississippi |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $10.62 | $12.13 |
| Bowling | $17.33 | $18 |
| Haircut | $24.75 | $24.26 |
| Beauty Salon | $45.72 | $45.56 |
| Item | St. Martin | Mississippi |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.16 | $4.93 |
| Pizza | $11.24 | $12.09 |
| Beer | $9.16 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
| Item | St. Martin | Mississippi |
|---|---|---|
| Optometrist | $122.28 | $125.68 |
| Doctor | $128.94 | $135.78 |
| Dentist | $138.76 | $113.29 |
| Item | St. Martin | Mississippi |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $60.67 | $59.92 |
| Item | St. Martin | Mississippi |
|---|---|---|
| All Electricity | $162.85 | $193.99 |
| Phone | $187.62 | $192.25 |
The cost of living varies in the cities and towns around St. Martin. Here's a quick look at the cost of living in the most populous nearby places:
Gulfport, MS has a cost of living index of 91, 1.0x St. Martin.
Biloxi, MS has a cost of living index of 94, 1.1x St. Martin.
Pascagoula, MS has a cost of living index of 87, 1.0x St. Martin.
| City | Population | Cost Of Living | Vs. St. Martin |
|---|---|---|---|
| Gulfport, MS | 72,533 | 91 | 1.0x |
| Biloxi, MS | 49,011 | 94 | 1.1x |
| Pascagoula, MS | 21,812 | 87 | 1.0x |
| Gautier, MS | 19,026 | 93 | 1.1x |
| Ocean Springs, MS | 18,561 | 96 | 1.1x |
| Long Beach, MS | 16,876 | 98 | 1.1x |
| D'Iberville, MS | 13,033 | 97 | 1.1x |
| Gulf Hills, MS | 8,193 | 95 | 1.1x |
| Gulf Park Estates, MS | 6,517 | 96 | 1.1x |
| Latimer, MS | 6,474 | 91 | 1.0x |