Cost of Living in Baldwyn, MS
Population 3,005 · Mississippi · Data vintage 2023
(100 = US avg)
Household incomes in Baldwyn run well below national norms — a median of $43,333 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $94,000).
Baldwyn lies roughly 85 miles southeast of the nearest major metro, Memphis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Baldwyn
The median home value in Baldwyn is $94,000 — 69% below the national median of $305,000. Median rent runs $481/month, 63% lower than the national median of $1,314/month. The median household income of $43,333/year is 42% lower than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. The climate averages highs of 74.3°F and lows of 52.8°F, with about 1.5" of annual snowfall. Overall, Baldwyn has a cost of living index of 33 versus the US average of 100, meaning it is 67% less expensive.
Baldwyn has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 53 | 58 | 66 | 75 | 83 | 90 | 92 | 92 | 87 | 77 | 64 | 56 |
| Low °F | 34 | 37 | 44 | 52 | 61 | 69 | 72 | 71 | 64 | 52 | 42 | 36 |
| Precip" | 4.82 | 5.29 | 5.37 | 5.51 | 5.22 | 5.01 | 4.50 | 4.07 | 3.57 | 3.96 | 4.48 | 5.94 |
| Snow" | 0.6 | 0.6 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Baldwyn, MS?
Baldwyn has a cost index of 33 (100 = national average). It is 67% below the national average.
What is average rent in Baldwyn, MS?
The median gross rent in Baldwyn is $481 per month based on 2023 Census data.
What is the average home price in Baldwyn?
The median home value in Baldwyn is $94,000 according to Zillow and Census data.
What is the median income in Baldwyn?
The median household income in Baldwyn is $43,333 per year (2023 ACS 5-year estimates).
What is the sales tax in Baldwyn, MS?
The combined state and local sales tax rate in Baldwyn is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Baldwyn, MS affordable?
Yes, Baldwyn is generally considered affordable, with a cost of living index of 33 — about 67% below the US national average of 100.
What is the weather like in Baldwyn?
Baldwyn has average high temperatures of 74.3°F and average lows of 52.8°F. Annual precipitation is 57.7". Average annual snowfall is 1.5". Data from NOAA 1991–2020 Climate Normals.
Baldwyn at a Glance
- Population
- 3,005
- Median Income
- $43,333
- Home Value
- $94,000
- Median Rent
- $481/mo
- Unemployment
- 4.3%
- Avg High Temp
- 74.3°F
- Sales Tax
- 7.1%
Nearby Cities
Explore county-level cost of living data
Mississippi Rankings
Similar Cost Cities
Cities in other states with comparable housing costs