The cost of living index in Petal, MS, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs 25% less, while groceries and utilities are slightly below the average at 88% and 90%, respectively. Transportation and healthcare costs are also lower, at 85% and 95%, while miscellaneous costs are 20% below the national average.
The cost of living in Petal, MS, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Petal stand at 75, indicating that residents spend 25% less on housing compared to the national average. This lower housing expense can be a significant advantage for those relocating to Petal, offering more financial flexibility for other living expenses.
In addition to housing, the grocery cost index in Petal is 88, which is 12% below the national average. This lower grocery cost can help families and individuals save on their monthly food expenditures. Utilities in Petal are priced at 90, only 10% below the national average, ensuring that residents do not face significant increases in their utility bills. Transportation costs are slightly lower at 85, meaning residents spend 15% less on transportation compared to the national average. Healthcare costs in Petal are slightly higher at 95, which is 5% more than the national average, but still relatively affordable. Miscellaneous expenses are at 80, indicating a 20% savings compared to the national average. Overall, Petal offers a cost of living that is notably lower than the national average, making it an attractive option for those seeking affordability without sacrificing quality of life.
