Horn Lake, MS Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
83
Horn Lake's Overall Cost Of Living
0.8x
Lower Than The National Average
30 out of 69
In Mississippi
491 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Horn Lake is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Horn Lake, MS?

According to the most recent data on the cost of living, Horn Lake has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.

Compared to only Mississippi, Horn Lake has a cost of living index that's 1.0x higher than Mississippi's index of 82.

The standard of living in Horn Lake ranks as #491 most affordable out of the 6,418 places we measured in Mississippi. By definition, that implies Horn Lake ranks as the #5,927 most expensive place in the Magnolia State.

For more reading on life in Horn Lake, check out:

Horn Lake Cost Of Living Vs. Mississippi

Living Expense Horn Lake Mississippi National Average
Overall 83 82 100
Services 93 95 100
Groceries 91 94 100
Health 82 90 100
Housing 68 64 100
Transportation 84 89 100
Utilities 88 97 100
For more reading on cost of living around Mississippi, check out:
Horn Lake Cost of Living Vs. MS

Horn Lake, MS Housing Cost Breakdown

Housing swings affordability the most between places in Mississippi, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$114,300
Median Home Value
$1,067
Median Rent
$52,181
Median Income
Statistic Horn Lake Mississippi United States
Median Home Value $114,300 $125,500 $229,800
Median Rent $1,067 $789 $1,096
Median Income $52,181 $46,511 $64,994
Home Value To Income 2.2x 2.7x 3.5x
Rent To Monthly Income 0.25x 0.2x 0.2x

Detailed Horn Lake Services Costs Vs. Mississippi

Item Horn Lake Mississippi
Shampoo $0.91 $1.06
Movie $11.5 $10.68
Bowling $16.47 $14.67

Detailed Horn Lake Groceries Costs Vs. Mississippi

Item Horn Lake Mississippi
Ground Beef $3.42 $4.22
Fried Chicken $0.98 $1.39
Milk $1.79 $2.05

Detailed Horn Lake Health Costs Vs. Mississippi

Item Horn Lake Mississippi
Haircut $15.07 $18.62
Beauty Salon $36.63 $39.05
Toothpaste $1.65 $2.34

Detailed Horn Lake Transportation Costs Vs. Mississippi

Item Horn Lake Mississippi
Potatoes $3.62 $3.29
Pizza $10.37 $10.62
Beer $9.22 $9.38
Optometrist $74.47 $108.57
Doctor $84.25 $116.17
Dentist $77.68 $99.13

Detailed Horn Lake Utilities Costs Vs. Mississippi

Item Horn Lake Mississippi
Gasoline $1.94 $2.22
Tire Balancing $40.73 $50.07
All Electricity $133.97 $167.67
Phone $184.96 $175.64

Horn Lake SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
7
Affordability
7
Diversity
9
Safety
6
Amenities
8.5
Education
6
Commute
6

Cost Of Living In Cities Around Horn Lake

City Population Cost Of Living Vs. Horn Lake
Memphis, TN 650,910 79 1.0x
Southaven, MS 55,026 88 1.1x
Germantown, TN 39,196 108 1.3x
Olive Branch, MS 38,270 94 1.1x
West Memphis, AR 24,656 80 1.0x
Hernando, MS 16,206 90 1.1x
Marion, AR 12,371 85 1.0x

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