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Cost of Living in Leake County

Is it better to rent or buy in Leake 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.

$51,242
$762/mo

Median in area: $762

$119,150

Median in area: $119,150

$23,830

If you Rent

🔑
$963 /mo
Base Rent$762
Est. Utilities$201
% of Income22.6%
Pre-tax Residual$3,307

If you Buy

🏠
$988 /mo
P&I (7.076%)$639
Taxes & Ins$148
Est. Utilities$201
% of Income23.1%
Pre-tax Residual$3,282

Compare Nearby Areas

See how Leake County stacks up against neighboring areas.

countyNewton County, MS
$675/mo
countyMadison County, MS
$1,360/mo
countyNeshoba County, MS
$876/mo
countyAttala County, MS
$832/mo
countyScott County, MS
$861/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Leake County. The estimated all-in monthly cost for renting is $963, while owning a median-priced home with a 20% down payment is roughly $988 per month (a difference of $25).

How much do utilities cost in Leake County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Leake County is approximately $201. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Leake County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $38,520 per year.