Cost of Living in Mooreville, MS

With a cost of living index of 79, Mooreville, MS is a very affordable place to live. Living here is 21% cheaper than the national average and 9% above the Mississippi state average of 71. Mooreville is a small community of 2,052 residents.

Housing costs are the biggest factor in Mooreville's cost of living. The median monthly rent is $1,102 (16% below the US median of $1,319), and the median home value sits at $175,100 (43% below the national median of $304,900). At current prices, the median home costs roughly 1.2x the median household income — well within traditional affordability guidelines.

The median household income in Mooreville is $143,681, which is 91% higher than the national median of $75,149. Residents spend roughly 9% 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 Mooreville. The area sees an average annual temperature of 63.6°F, with summers averaging 81°F and winters around 46°F. Annual rainfall totals 57.7 inches spread over roughly 115 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.