Tupelo, MS Cost Of Living
Cost Of Living In Tupelo, MS Summary
Cost of living in Tupelo 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 Tupelo 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 Tupelo is 85, with 100 being the average.
The cost of living index in Tupelo is 0.8x lower than the national average.
Tupelo ranks as the #28 cheapest in Mississippi out of 68.
Tupelo ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Tupelo is $202,164.
The median income in Tupelo is $66,314.
Table Of Contents
Tupelo's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Tupelo, MS?
According to the most recent data on the cost of living, Tupelo has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Tupelo has a cost of living index that's 1.0x higher than Mississippi's index of 84.
The standard of living in Tupelo ranks as #28 most affordable out of the 68 places we measured in Mississippi. By definition, that implies Tupelo ranks as the #40 most expensive place in the Magnolia State.
For more reading on life in Tupelo, check out:
In Mississippi
In America
Tupelo Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Tupelo. Here is how it fairs on each of the criteria:
The Services index in Tupelo is 88.
The Groceries index in Tupelo is 94.
The Health index in Tupelo is 87.
The Housing index in Tupelo is 80.
The Transportation index in Tupelo is 88.
The Utilities index in Tupelo is 83.
| Living Expense | Tupelo | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 85 | 84 | 100 | |
| Services | 88 | 90 | 100 | |
| Groceries | 94 | 95 | 100 | |
| Health | 87 | 96 | 100 | |
| Housing | 80 | 63 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 83 | 85 | 100 | |
Tupelo, 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 Tupelo is $202,164.
The Median Rent in Tupelo is $940.
The Median Income in Tupelo is $66,314.
The Home Value To Income in Tupelo is 3.0x.
The Rent To Monthly Income in Tupelo is 0.17x.
| Statistic | Tupelo | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $202,164 | $188,640 | $303,400 |
| Median Rent | $940 | $923 | $1,348 |
| Median Income | $66,314 | $54,915 | $78,538 |
| Home Value To Income | 3.0x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Tupelo, MS Costs By Category
Detailed Tupelo Services Costs Vs. Mississippi
| Item | Tupelo | 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 Tupelo Groceries Costs Vs. Mississippi
| Item | Tupelo | 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 Tupelo Health Costs Vs. Mississippi
| Item | Tupelo | Mississippi |
|---|---|---|
| Optometrist | $120.17 | $125.68 |
| Doctor | $78.94 | $135.78 |
| Dentist | $108.33 | $113.29 |
Detailed Tupelo Transportation Costs Vs. Mississippi
| Item | Tupelo | Mississippi |
|---|---|---|
| Gasoline | $3.0 | $3.46 |
| Tire Balancing | $57.33 | $59.92 |
Detailed Tupelo Utilities Costs Vs. Mississippi
| Item | Tupelo | Mississippi |
|---|---|---|
| All Electricity | $148.63 | $193.99 |
| Phone | $186.87 | $192.25 |
Tupelo SnackAbility
/10
Cost Of Living In Cities Around Tupelo
The cost of living varies in the cities and towns around Tupelo. Here's a quick look at the cost of living in the most populous nearby places:
Oxford, MS has a cost of living index of 99, 1.2x Tupelo.
Corinth, MS has a cost of living index of 87, 1.0x Tupelo.
West Point, MS has a cost of living index of 81, 1.0x Tupelo.
| City | Population | Cost Of Living | Vs. Tupelo |
|---|---|---|---|
| Oxford, MS | 26,086 | 99 | 1.2x |
| Corinth, MS | 14,450 | 87 | 1.0x |
| West Point, MS | 9,967 | 81 | 1.0x |
| Booneville, MS | 9,060 | 82 | 1.0x |
| New Albany, MS | 7,661 | 83 | 1.0x |
| Amory, MS | 6,564 | 84 | 1.0x |
| Pontotoc, MS | 5,717 | 86 | 1.0x |
| Ripley, MS | 5,415 | 80 | 0.9x |
