Canton, MS, boasts a cost of living that is generally lower than the nationwide average. Specifically, the overall cost of living index in Canton stands at 88, which is 12% below the national average of 100. This lower cost of living makes Canton an attractive option for job seekers looking to maximize their budget. The housing and transportation sectors, in particular, reflect this affordability, with indexes at 80 and 85, respectively.
The cost of living index in Canton, MS, presents a favorable scenario for those considering relocation or investment. This index measures how much more or less it costs to live in Canton compared to the nationwide average, which is set at 100. In Canton, housing costs stand at 80, which means housing expenses are 20% lower than the national average. This provides significant savings for residents, making it an attractive option for those looking to manage living costs effectively.
Additionally, groceries in Canton are priced at 90 on the index, which is 10% lower than the nationwide average. This affordability extends to other essentials as well. Utilities cost slightly more in Canton, at 95, just 5% higher than average. Transportation also remains competitively priced at 85, which is 15% lower. Healthcare services are available at 88, just 12% below the national average. Miscellaneous expenses in Canton are at 92, which means they are 8% less than the national average. Overall, Canton offers a balanced and cost-effective living experience compared to the broader national picture.
