Cost Of Living in Thaxton, 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	Thaxton	Mississippi	National
Cost of living	86	83	100
Goods & Services	86	92	100
Groceries	96	97	100
Health care	86	98	100
Housing	83	63	100
Transportation	89	88	100
Utilities	85	86	100

New Real Estate Listings in Thaxton Area

For Sale For Rent

Search

Search Homes for Sale in Thaxton, MS

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Thaxton is 4% higher than the Mississippi average
The cost of living in Thaxton is 14% lower than the national average
Thaxton housing is 17% 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

Most Affordable Places to Live in and Around Thaxton

See all the best places to live around Thaxton

Compare Thaxton, MS Cost of Living

Write a review to give others more information about this area.

See all Thaxton poll results

The best places in Mississippi

Here are the best places to live in Mississippi

Most Dangerous States In The US

Check out the 10 safest cities in Mississippi

See the best places to live in Thaxton

Salary Calculator

This is how much you would need to earn in

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	$69,167	$5,764	$1,614	$2,075
Renters	$48,125	$4,010	$1,123	$1,444

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	Thaxton	National avg.	Difference
Haircut	$23.45	$24.26	3.4%
Beauty Salon	$26.75	$45.56	41.3%
Toothpaste	$3.71	$3.70	0.3%
Shampoo	$1.06	$1.28	17.2%
Movie	$10.65	$12.13	12.3%
Bowling	$12.50	$18.00	30.6%

Groceries

Item	Thaxton	National avg.	Difference
Ground Beef	$6.01	$5.84	2.9%
Fried Chicken	$1.62	$1.57	3.3%
Milk	$4.51	$4.67	3.4%
Potatoes	$5.06	$4.93	2.5%
Pizza	$11.06	$12.09	8.5%
Beer	$9.17	$10.41	12.0%

Health Care

Item	Thaxton	National avg.	Difference
Optometrist	$120.17	$125.68	4.4%
Doctor	$78.94	$135.78	41.9%
Dentist	$108.33	$113.29	4.4%
Ibuprofen	$10.05	$10.65	5.7%
Lipitor	$486.28	$468.60	3.8%

Housing

Item	Thaxton	National avg.	Difference
Home Price	$148,800.00	$184,700.00	19.4%
Avg. Mortgage Payment	$1,755.69	$2,346.69	25.2%
Apartment Rent	$833.00	$949.00	12.2%

Transportation

Item	Thaxton	National avg.	Difference
Gasoline	$3.00	$3.46	13.4%
Tire Balancing	$57.33	$59.92	4.3%

Utilities

Item	Thaxton	National avg.	Difference
All Electricity	$148.63	$193.99	23.4%
Phone	$186.87	$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.
Toccopola, MS	298	75	25.1%
Ecru, MS	1,321	79	21.4%
New Albany, MS	8,723	81	18.8%
Pontotoc, MS	6,070	84	15.7%
Algoma, MS	697	88	11.7%
Thaxton, MS	688	86	13.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Brighton, IA	688	83	16.6%
Bainbridge, IN	688	87	13.1%
Ponemah, MN	688	81	19.3%
Micro, NC	688	90	10.2%
Scio, NY	688	84	15.7%
Thaxton, MS	688	86	13.7%

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 Thaxton, MS