Cost of Living in Hollandale, MS

With a cost of living index of 59, Hollandale, MS is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 11% below the Mississippi state average of 71. Hollandale is a small community of 2,258 residents.

Housing costs are the biggest factor in Hollandale's cost of living. The median monthly rent is $676 (49% below the US median of $1,319), and the median home value sits at $88,700 (71% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Hollandale is $36,058, which is 52% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Hollandale. The area sees an average annual temperature of 64°F, with summers averaging 81°F and winters around 46°F. Annual rainfall totals 49 inches spread over roughly 104 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.