Byram, MS, shows a cost of living that is generally below the nationwide average. Specifically, the cost of living index in Byram is 89. This means residents find most goods and services slightly cheaper than the national average, with a 11% reduction overall.
Examining individual categories, housing costs in Byram are 15% lower than the national average. Groceries, utilities, transportation, healthcare, and miscellaneous costs also fall below the average, with each category showing a modest decrease ranging from 5% to 20%.
Byram, MS, offers a cost of living that is noticeably lower than the nationwide average, which is set at 100. In the housing sector, Byram's cost of living index stands at 85. This means residents pay 15% less than the national average for housing. For groceries, Byram scores a 95, indicating a slight 5% increase over the national average. Utilities cost 10% less, with an index of 90, making Byram a more affordable option in this area.
When comparing transportation costs, Byram shows a 12% reduction, with an index of 88. Healthcare costs are also slightly below the national average, with an index of 92, translating to an 8% savings. Miscellaneous expenses, however, reflect a more significant difference, standing at 80, which is a 20% reduction. Overall, Byram presents itself as a budget-friendly place to live, with several key areas offering savings compared to the national average.