Cost Of Living in Diamondhead, MS

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Diamondhead	Mississippi	National
Cost of living	97	83	100
Goods & Services	103	92	100
Groceries	96	97	100
Health care	114	98	100
Housing	96	63	100
Transportation	92	88	100
Utilities	78	86	100

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Cost Of Living Quick Facts

The cost of living in Diamondhead is 16% higher than the Mississippi average
The cost of living in Diamondhead is 3% lower than the national average
Diamondhead housing is 4% lower than the national average
Mississippi general sales tax is 37% higher than the national average
Mississippi state income tax is 93% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$65,377	$5,448	$1,525	$1,962
Renters	$43,409	$3,617	$1,013	$1,302

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Diamondhead, MS, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Diamondhead, homeowners have a median income of $65,377. Using that number, a maximum of $1,525 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $43,409, which means there is a maximum of $1,013 to be spent on the costs of renting a home or apartment.

Mississippi Sales Tax

State	General Sales Tax	With Max Surtax
Mississippi	7%	7.25%

Mississippi Income Tax

State	Income Tax (Low)	Income Tax (High)
Mississippi	5%	5%

Goods & Services

Item	Diamondhead	National avg.	Difference
Haircut	$21.67	$24.26	10.7%
Beauty Salon	$43.17	$45.56	5.3%
Toothpaste	$3.57	$3.70	3.6%
Shampoo	$1.22	$1.28	4.5%
Movie	$13.30	$12.13	9.6%
Bowling	$12.33	$18.00	31.5%

Groceries

Item	Diamondhead	National avg.	Difference
Ground Beef	$6.15	$5.84	5.3%
Fried Chicken	$1.39	$1.57	11.6%
Milk	$4.55	$4.67	2.5%
Potatoes	$5.31	$4.93	7.5%
Pizza	$12.61	$12.09	4.3%
Beer	$10.23	$10.41	1.7%

Health Care

Item	Diamondhead	National avg.	Difference
Optometrist	$128.17	$125.68	2.0%
Doctor	$127.78	$135.78	5.9%
Dentist	$129.44	$113.29	14.3%
Ibuprofen	$10.46	$10.65	1.8%
Lipitor	$482.03	$468.60	2.9%

Housing

Item	Diamondhead	National avg.	Difference
Home Price	$179,200.00	$184,700.00	3.0%
Avg. Mortgage Payment	$1,882.94	$2,346.69	19.8%
Apartment Rent	$888.00	$949.00	6.4%

Transportation

Item	Diamondhead	National avg.	Difference
Gasoline	$3.14	$3.46	9.2%
Tire Balancing	$68.00	$59.92	13.5%

Utilities

Item	Diamondhead	National avg.	Difference
All Electricity	$149.86	$193.99	22.8%
Phone	$186.90	$192.25	2.8%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Waveland, MS	6,352	92	7.6%
Kiln, MS	2,462	93	6.8%
Long Beach, MS	15,829	96	4.4%
Henderson Point, MS	276	97	3.3%
Pass Christian, MS	6,079	98	2.1%
Diamondhead, MS	8,076	97	3.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Trinidad, CO	8,076	93	7.4%
Hillsdale, MI	8,073	83	17.2%
Maplewood, MO	8,073	94	6.2%
Menominee, MI	8,079	82	17.6%
Madison Park, NJ	8,079	122	22.4%
Diamondhead, MS	8,076	97	3.4%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Diamondhead, MS