Cost of Living in Saltillo, MS

Population 4,962 · Mississippi · Data vintage 2023

76
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Saltillo can reasonably expect a home to cost less than three years of household income — $201,000 against $84,063 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 2.2% — below most comparable cities in the state.

Saltillo lies roughly 90 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 28% higher than Memphis' $157,000.

Cost Overview

Housing 66
Rent 91

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

About the Cost of Living in Saltillo

The median home value in Saltillo is $200,800 — 34% below the national median of $305,000. Median rent runs $1,195/month, 9% lower than the national median of $1,314/month. The median household income of $84,063/year is 13% higher than the US median of $74,580. The local unemployment rate is 2.2%, 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, Saltillo has a cost of living index of 76 versus the US average of 100, meaning it is 24% less expensive.

🏠 Housing

Median Home Value
$200,800
34% below avg
Zillow Home Value
$232,509
Zillow ZHVI
Median Rent
$1,195/mo
9% below avg
Price-to-Rent Ratio
14.0x
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 81.7%
Renter-occupied 18.3%

💰 Estimated Monthly Budget

Rent median rent
$1,195
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,809/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
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
90.3%
Carpooled
2.9%
Work from home
5.9%

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
$84,063
13% above avg
Per Capita Income
$36,322
Unemployment Rate
2.2%
54% below avg
Poverty Rate
8.3%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 20.5%
Graduate degree 13.0%

👥 Demographics

Median Age 34.8
Male median age 34.8
Female median age 34.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.3°F
Avg Low
52.8°F
Annual Precip
57.7"
Annual Snowfall
1.5"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535866758390929287776456
Low °F 343744526169727164524236
Precip" 4.825.295.375.515.225.014.504.073.573.964.485.94
Snow" 0.60.60.20.00.00.00.00.00.00.00.00.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
86.5%
Good air days/yr
122
Max AQI recorded
0
PM2.5 days
245
Ozone days

Frequently Asked Questions

What is the cost of living in Saltillo, MS?

Saltillo has a cost index of 76 (100 = national average). It is 24% below the national average.

What is average rent in Saltillo, MS?

The median gross rent in Saltillo is $1,195 per month based on 2023 Census data.

What is the average home price in Saltillo?

The median home value in Saltillo is $200,800 according to Zillow and Census data.

What is the median income in Saltillo?

The median household income in Saltillo is $84,063 per year (2023 ACS 5-year estimates).

What is the sales tax in Saltillo, MS?

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

Is Saltillo, MS affordable?

Yes, Saltillo is generally considered affordable, with a cost of living index of 76 — about 24% below the US national average of 100.

What is the weather like in Saltillo?

Saltillo 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.

Saltillo at a Glance

Population
4,962
Median Income
$84,063
Home Value
$200,800
Median Rent
$1,195/mo
Unemployment
2.2%
Avg High Temp
74.3°F
Sales Tax
7.1%
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Explore county-level cost of living data

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