Cost of Living in Picayune, MS

With a cost of living index of 71, Picayune, MS is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and in line with the Mississippi state average. Picayune is a smaller community of 11,839 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Picayune's cost of living. The median monthly rent is $907 (31% below the US median of $1,319), and the median home value sits at $146,500 (52% below the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in Picayune is $37,270, which is 50% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Picayune. The area sees an average annual temperature of 67.7°F, with summers averaging 81°F and winters around 53°F. Annual rainfall totals 61.9 inches spread over roughly 120 days.

Everyday prices in the Gulfport-Biloxi, MS (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.