Cost of Living in Stonewall, MS

With a cost of living index of 60, Stonewall, MS is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 11% below the Mississippi state average of 71. Stonewall is a small community of 1,058 residents.

Housing costs are the biggest factor in Stonewall's cost of living. The median monthly rent is $783 (41% below the US median of $1,319), and the median home value sits at $60,000 (80% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Stonewall is $27,981, which is 63% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Stonewall. The area sees an average annual temperature of 65.9°F, with summers averaging 82°F and winters around 50°F. Annual rainfall totals 57 inches spread over roughly 113 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.