The cost of living index in Petal, MS, shows that residents experience a lower cost of living compared to the nationwide average. Specifically, the overall cost of living index in Petal is 88, which is 12% lower than the national average of 100. This means that, on average, expenses in areas like housing, groceries, and utilities are more affordable in Petal than in many other parts of the country.
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 85, indicating that residents can expect to pay about 15% less than the national average. This reduction in housing expenses can be a significant advantage for those looking to settle in Petal, offering more affordability without compromising on living standards.
In addition to housing, other cost categories also reflect a lower cost of living in Petal. Groceries, for example, are priced at 90, which is 10% less than the national average. Utilities cost 95, just 5% above the average, while transportation costs are at 80, meaning residents can save 20% on their commute. Healthcare costs are slightly above average at 92, but still represent a modest increase of 2%. Miscellaneous expenses, which include items like clothing and entertainment, are at 88, indicating an 12% savings. Overall, these figures show that Petal offers a cost-effective living environment for many essential expenses.
