Cost of Living in New Albany, MS
Overall index: 64 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 43 | -57% | $669 |
| Transportation | 96 | -4% | $3.50 |
| Food | 62 | -38% | $254 |
| Utilities | 72 | -28% | $77 |
| Healthcare | 72 | -28% | $56 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in New Albany?
A single adult living comfortably in New Albany, MS needs approximately $22,400 / year after taxes.
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Frequently Asked Questions
What is the cost of living in New Albany, MS?
The overall cost of living in New Albany, MS is 36% lower than the US national average (index: 64 where 100 = national average).
How much is rent in New Albany, MS?
Average rent for a 1-bedroom apartment in New Albany, MS is about $669/month.
Is New Albany, MS expensive to live in?
No, New Albany, MS is affordable (below national average).
What salary do I need to live in New Albany, MS?
A single adult needs roughly $22,400/year to cover basic living costs in New Albany, MS.