The cost of living index in Senatobia, MS, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Senatobia stands at 88, reflecting a 12% reduction compared to the national average. This lower index makes Senatobia an attractive option for those seeking more affordable living expenses.
The cost of living in Senatobia, Mississippi, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs are notably lower, with an index of 78. This means that housing expenses in Senatobia are 22% less than the national average. For job seekers, this could translate into more affordable living arrangements, allowing for a greater portion of their income to be allocated to other necessities or savings.
Additionally, other key areas such as groceries, utilities, and transportation also show competitive rates. The grocery index stands at 94, indicating that food costs are only 6% below the national average. Utilities, with an index of 95, are just 5% below the average, while transportation costs at 89 are 11% lower. These figures suggest that residents of Senatobia can enjoy a lower cost of living in several essential areas, making it an attractive option for those looking to balance affordability with quality of life.