Cost of Living in Waynesboro, MS

With a cost of living index of 63, Waynesboro, MS is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 8% below the Mississippi state average of 71. Waynesboro is a small community of 4,552 residents.

Housing costs are the biggest factor in Waynesboro's cost of living. The median monthly rent is $810 (39% below the US median of $1,319), and the median home value sits at $84,400 (72% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Waynesboro is $30,910, which is 59% lower than the national median of $75,149. Residents spend roughly 31% 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 Waynesboro. The area sees an average annual temperature of 66.5°F, with summers averaging 81°F and winters around 51°F. Annual rainfall totals 58.9 inches spread over roughly 118 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.