Grenada, MS, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index in Grenada stands at 85, which is 15% below the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Grenada are 25% lower than the national average, while groceries and utilities are slightly above average. Transportation, healthcare, and miscellaneous expenses also remain competitive, further enhancing the affordability of living in Grenada.
The cost of living index in Grenada, MS, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Grenada are notably lower, with an index of 75. This means that housing expenses are 25% less than the national average. For job seekers, this could translate to more affordable living arrangements, making it easier to manage budgets and save more money.
In other areas, Grenada also shows competitive costs. Groceries have an index of 90, indicating they are 10% less expensive than the national average. Utilities, with an index of 95, are 5% cheaper. Transportation costs are slightly lower at 85, which is 15% less than the average. Healthcare, at 80, is 20% below the national average. Miscellaneous expenses, with an index of 88, are 12% less expensive. Overall, these figures suggest that living in Grenada, MS, can be more affordable in several key areas compared to the nationwide average.
