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Cost of Living

 

Cost of Living

This index compares the relative cost of living in different locations. Using the United States as the base location (i.e. a value of 100), an index value of 120 means that the cost of living in that particular community is 20 percent higher than in the base location; a value of 94 indicates a more affordable location.

Location

Cost of Living Index

Atlanta, GA

97

Chicago, IL

103

Dallas, TX

106

Grenada, MS

82

Jackson, MS

83

Memphis, TN

73

New Orleans, LA

99

Source: Sperling's Best Places (www.bestplaces.net), 2015 data; the total of all cost of living categories is weighted as follows: 30% housing, 15% groceries, 10% transportation, 6% utilities, 7% health care, and 32% miscellaneous (clothing, services, entertainment); state and local taxes are not included.