Cost of Living in Aberdeen, MS

Population 4,909 · Mississippi · Data vintage 2023

36
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Aberdeen run well below national norms — a median of $40,732 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $84,000). At 7.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Aberdeen is about 70 miles northwest of Tuscaloosa, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 64% lower than Tuscaloosa's $237,000.

Cost Overview

Housing 28
Rent 48

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Aberdeen

The median home value in Aberdeen is $84,100 — 72% below the national median of $305,000. Median rent runs $633/month, 52% lower than the national median of $1,314/month. The median household income of $40,732/year is 45% lower than the US median of $74,580. The local unemployment rate is 7.7%, above the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. Overall, Aberdeen has a cost of living index of 36 versus the US average of 100, meaning it is 64% less expensive.

🏠 Housing

Median Home Value
$84,100
72% below avg
Zillow Home Value
$148,104
Zillow ZHVI
Median Rent
$633/mo
52% below avg
Price-to-Rent Ratio
11.1x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$770
1 BR
$802
2 BR
$933
3 BR
$1,238
4 BR
$1,321
Owner-occupied 65.6%
Renter-occupied 34.4%

💰 Estimated Monthly Budget

Rent median rent
$633
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,247/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.7%

Commute Mode

Drove alone
79.0%
Carpooled
11.3%
Work from home
9.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.7%
Total Sales Tax 7.1%
State rate 7.0%
Avg local rate 0.1%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$40,732
45% below avg
Per Capita Income
$31,139
Unemployment Rate
7.7%
61% above avg
Poverty Rate
21.9%
Labor Force Participation
54.9%

🎓 Education

Bachelor's degree+ 8.6%
Graduate degree 5.8%

👥 Demographics

Median Age 46.9
Male median age 36.9
Female median age 52.5

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
12.2:1
Student-teacher ratio
3
Public schools
1,114
Total enrollment

Frequently Asked Questions

What is the cost of living in Aberdeen, MS?

Aberdeen has a cost index of 36 (100 = national average). It is 64% below the national average.

What is average rent in Aberdeen, MS?

The median gross rent in Aberdeen is $633 per month based on 2023 Census data.

What is the average home price in Aberdeen?

The median home value in Aberdeen is $84,100 according to Zillow and Census data.

What is the median income in Aberdeen?

The median household income in Aberdeen is $40,732 per year (2023 ACS 5-year estimates).

What is the sales tax in Aberdeen, MS?

The combined state and local sales tax rate in Aberdeen is 7.1%. The Mississippi state income tax top rate is 4.7%.

Is Aberdeen, MS affordable?

Yes, Aberdeen is generally considered affordable, with a cost of living index of 36 — about 64% below the US national average of 100.

Aberdeen at a Glance

Population
4,909
Median Income
$40,732
Home Value
$84,100
Median Rent
$633/mo
Unemployment
7.7%
Sales Tax
7.1%
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