Cost of Living in Schlater, MS
Population: 231 | Mississippi
Schlater is 26% less expensive than the national average.
Cost of Living in Schlater, MS: What You Need to Know
With a cost of living index of 74, Schlater, MS is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 3% above the Mississippi state average of 71. Schlater is a small community of 231 residents.
The median household income in Schlater is $65,066, which is 13% lower than the national median of $75,149. 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 Schlater. 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.
Income
- Median Household Income
- $65,066
- vs US Median ($75,149)
- -13%
Housing
- Median Home Value
- $28,100
- Median Monthly Housing Cost
- $493/mo
Climate in Schlater
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 54 | 59 | 67 | 75 | 83 | 89 | 92 | 92 | 87 | 77 | 66 | 57 |
| Avg °F | 44 | 48 | 56 | 64 | 72 | 79 | 82 | 81 | 76 | 65 | 54 | 47 |
| Low °F | 35 | 38 | 45 | 53 | 62 | 69 | 72 | 70 | 64 | 52 | 42 | 37 |
| Rain" | 4.5 | 5.0 | 4.8 | 5.8 | 4.4 | 3.7 | 3.8 | 3.2 | 3.8 | 3.4 | 3.9 | 5.3 |