Byram, MS, exhibits a cost of living index that is noticeably lower than the nationwide average. The overall cost of living index in Byram stands at 88, which is 12% below the assumed national average of 100. This suggests that living expenses in areas such as housing, groceries, utilities, transportation, healthcare, and miscellaneous items are more affordable in Byram compared to the rest of the country.
In specific categories, Byram has significantly lower costs in housing (15% below average) and transportation (20% below average). However, groceries (10% below average) and healthcare (5% below average) also remain relatively more affordable. This data indicates that Byram offers a balanced approach to lower living expenses across multiple sectors.
Byram, MS, presents a cost of living that is generally lower than the nationwide average, which is set at 100. Housing costs in Byram stand at 85, indicating that residents can expect to pay 15% less than the average American. This makes housing a more affordable option for job seekers looking to relocate to Byram. Additionally, groceries cost 90, showing only a 10% difference from the national average. This slight increase suggests that purchasing everyday food items will not significantly impact one's budget.
Utilities in Byram are priced at 95, which is 5% above the national average. This modest increase means that costs for essentials like electricity, gas, and water are nearly on par with the rest of the country. Healthcare costs are comparable to the nationwide average at 95, meaning there is little to no extra financial burden for residents seeking medical services. Transportation is notably cheaper, with a cost of living index of 80, offering a 20% savings. Miscellaneous expenses also sit at 88, which is 12% below the national average. This favorable comparison across various categories makes Byram an attractive option for those seeking a lower cost of living without sacrificing quality.