Cost of Living in Columbus, MS

Population 23,616 · Mississippi · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $40,588, median household incomes in Columbus land roughly 46% below the US median, a gap that tends to persist across local labor-market indicators. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 55 miles west of Tuscaloosa, Columbus is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 49% lower than Tuscaloosa's $237,000.

Cost Overview

Housing 40
Rent 67

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

About the Cost of Living in Columbus

The median home value in Columbus is $121,200 — 60% below the national median of $305,000. Median rent runs $882/month, 33% lower than the national median of $1,314/month. The median household income of $40,588/year is 46% lower than the US median of $74,580. The local unemployment rate is 9.3%, 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, Columbus has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$121,200
60% below avg
Zillow Home Value
$169,115
Zillow ZHVI
Median Rent
$882/mo
33% below avg
Zillow Rent
$1,383/mo
Zillow ZORI
Price-to-Rent Ratio
11.5x
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 48.0%
Renter-occupied 52.0%

💰 Estimated Monthly Budget

Rent median rent
$882
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,496/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
19.7 min
27% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.3%

Commute Mode

Drove alone
87.7%
Carpooled
4.9%
Walked
1.9%
Work from home
5.3%

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
$40,588
46% below avg
Per Capita Income
$28,006
Unemployment Rate
9.3%
94% above avg
Poverty Rate
21.6%
Labor Force Participation
53.4%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 11.1%

👥 Demographics

Median Age 39.6
Male median age 37.3
Female median age 40.3

🏫 Schools

NCES CCD 2019 — public school district data

86.5%
4-Year Graduation Rate
14.5:1
Student-teacher ratio
20
Public schools
8,980
Total enrollment

Frequently Asked Questions

What is the cost of living in Columbus, MS?

Columbus has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Columbus, MS?

The median gross rent in Columbus is $882 per month based on 2023 Census data.

What is the average home price in Columbus?

The median home value in Columbus is $121,200 according to Zillow and Census data.

What is the median income in Columbus?

The median household income in Columbus is $40,588 per year (2023 ACS 5-year estimates).

What is the sales tax in Columbus, MS?

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

Is Columbus, MS affordable?

Yes, Columbus is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

Columbus at a Glance

Population
23,616
Median Income
$40,588
Home Value
$121,200
Median Rent
$882/mo
Unemployment
9.3%
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

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