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Cost of Living in Grenada County

Is it better to rent or buy in Grenada County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$50,221
$786/mo

Median in area: $786

$131,917

Median in area: $131,917

$26,383

If you Rent

🔑
$995 /mo
Base Rent$786
Est. Utilities$209
% of Income23.8%
Pre-tax Residual$3,190

If you Buy

🏠
$1,110 /mo
P&I (7.204%)$717
Taxes & Ins$184
Est. Utilities$209
% of Income26.5%
Pre-tax Residual$3,075

Compare Nearby Areas

See how Grenada County stacks up against neighboring areas.

countyCalhoun County, MS
$687/mo
countyMontgomery County, MS
$847/mo
countyCarroll County, MS
$579/mo
countyTallahatchie County, MS
$723/mo
countyYalobusha County, MS
$652/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Grenada County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Grenada County. The estimated all-in monthly cost for renting is $995, while owning a median-priced home with a 20% down payment is roughly $1,110 per month (a difference of $115).

How much do utilities cost in Grenada County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Grenada County is approximately $209. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Grenada County?›

To comfortably afford the median rent and utilities in Grenada County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $39,800 per year.