Tupelo, MS Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 82, with 100 being the average.

  • The cost of living index in Tupelo is 0.8x lower than the national average.

  • Tupelo ranks as the #24 cheapest in Mississippi out of 69.

  • Tupelo ranks as the #377 cheapest out of 6,412 in the US.

  • The median home value in Tupelo is $158,800.

  • The median income in Tupelo is $58,887.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
82
Tupelo's Overall Cost Of Living
0.8x
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 82, 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 lower than Mississippi's index of 86.

The standard of living in Tupelo ranks as #24 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Tupelo ranks as the #45 most expensive place in the Magnolia State.

For more reading on life in Tupelo, check out:

24 out of 69
In Mississippi
377 out of 6,412
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 87.

  • The Groceries index in Tupelo is 82.

  • The Health index in Tupelo is 82.

  • The Housing index in Tupelo is 74.

  • The Transportation index in Tupelo is 89.

  • The Utilities index in Tupelo is 88.

Living Expense Tupelo Mississippi National Average
Overall 82 86 100
Services 87 92 100
Groceries 82 94 100
Health 82 98 100
Housing 74 69 100
Transportation 89 91 100
Utilities 88 87 100
For more reading on cost of living around Mississippi, check out:
Tupelo Cost of Living Vs. MS

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 2017-2021. The key points are:

  • The Median Home Value in Tupelo is $158,800.

  • The Median Rent in Tupelo is $825.

  • The Median Income in Tupelo is $58,887.

  • The Home Value To Income in Tupelo is 2.7x.

  • The Rent To Monthly Income in Tupelo is 0.17x.

Statistic Tupelo Mississippi United States
Median Home Value $158,800 $133,000 $244,900
Median Rent $825 $830 $1,163
Median Income $58,887 $49,111 $69,021
Home Value To Income 2.7x 2.7x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x
Search Homes For Sale In Tupelo, MS
$158,800
Median Home Value
$825
Median Rent
$58,887
Median Income

Tupelo, MS Costs By Category

Detailed Tupelo Services Costs Vs. Mississippi

Item Tupelo Mississippi
Shampoo $0.91 $1.06
Movie $9.75 $10.68
Bowling $10.0 $14.67
Haircut $16.33 $18.62
Beauty Salon $21.89 $39.05

Detailed Tupelo Groceries Costs Vs. Mississippi

Item Tupelo Mississippi
Ground Beef $3.44 $4.22
Fried Chicken $0.95 $1.39
Milk $1.03 $2.05
Potatoes $2.86 $3.29
Pizza $10.08 $10.62
Beer $8.7 $9.38
Toothpaste $1.63 $2.34

Detailed Tupelo Health Costs Vs. Mississippi

Item Tupelo Mississippi
Optometrist $97.78 $108.57
Doctor $58.33 $116.17
Dentist $81.11 $99.13

Detailed Tupelo Transportation Costs Vs. Mississippi

Item Tupelo Mississippi
Gasoline $1.91 $2.22
Tire Balancing $45.33 $50.07

Detailed Tupelo Utilities Costs Vs. Mississippi

Item Tupelo Mississippi
All Electricity $131.41 $167.67
Phone $181.26 $175.64

Tupelo SnackAbility

7
/10
Overall SnackAbility
Jobs
7/10
Housing
6
Affordability
8
Diversity
9
Safety
N/A
Amenities
8
Education
8
Commute
9

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 96, 1.2x Tupelo.

  • Corinth, MS has a cost of living index of 82, 1.0x Tupelo.

  • West Point, MS has a cost of living index of 79, 1.0x Tupelo.

City Population Cost Of Living Vs. Tupelo
Oxford, MS 25,859 96 1.2x
Corinth, MS 14,545 82 1.0x
West Point, MS 10,148 79 1.0x
Booneville, MS 8,702 79 1.0x
New Albany, MS 7,657 83 1.0x
Amory, MS 6,665 79 1.0x
Pontotoc, MS 5,621 80 1.0x
Ripley, MS 5,412 78 1.0x

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