Cost of Living in Mississippi Valley State University, MS

With a cost of living index of 82, Mississippi Valley State University, MS is a very affordable place to live. Living here is 18% cheaper than the national average and 11% above the Mississippi state average of 71. Mississippi Valley State University is a small community of 750 residents.

The median household income in Mississippi Valley State University is $73,242, which is 3% lower than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Mississippi Valley State University. The area sees an average annual temperature of 64°F, with summers averaging 81°F and winters around 47°F. Annual rainfall totals 51.8 inches spread over roughly 107 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.