Cost of Living in Waterford, MS
Population: 30 | Mississippi
Waterford is 3% less expensive than the national average.
Cost of Living in Waterford, MS: What You Need to Know
With a cost of living index of 97, Waterford, MS is slightly more affordable than average. Living here is 3% cheaper than the national average and 26% above the Mississippi state average of 71. Waterford is a small community of 30 residents.
The median household income in Waterford is $34,286, which is 54% lower than the national median of $75,149.
Climate is another factor for anyone considering a move to Waterford. The area sees an average annual temperature of 59.6°F, with summers averaging 77°F and winters around 42°F. Annual rainfall totals 55.5 inches spread over roughly 119 days.
Everyday prices in the Memphis, TN-MS-AR (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.
Income
- Median Household Income
- $34,286
- vs US Median ($75,149)
- -54%
Housing
Everyday Prices in Waterford
BLS Average Prices for the Memphis, TN-MS-AR (Metropolitan Statistical Area) area
Climate in Waterford
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 50 | 55 | 64 | 73 | 80 | 86 | 89 | 89 | 83 | 73 | 62 | 53 |
| Avg °F | 40 | 43 | 51 | 60 | 68 | 75 | 78 | 77 | 71 | 60 | 49 | 43 |
| Low °F | 29 | 32 | 39 | 47 | 56 | 64 | 67 | 66 | 59 | 47 | 37 | 32 |
| Rain" | 4.2 | 5.2 | 5.2 | 5.9 | 5.5 | 4.6 | 4.3 | 2.7 | 3.6 | 4.5 | 4.4 | 5.6 |