Retirement Lists

Cost of Living in Cleveland, Mississippi

Welcome sign located on Highway 61
Photo by Chillin662 via Wikimedia Commons, CC BY 4.0

Cleveland costs

Modest housing numbers still need a flood and transport budget

Census estimates for 2020 through 2024 place median owner value at $159,300, median gross rent at $943, and median selected owner costs at $1,247 with a mortgage or $467 without one. Median household income was $44,074, so the full monthly picture matters.

Add taxes, insurance, utilities, repairs, cooling, transportation, care, prescriptions, flood coverage, and regional trips. Keep enough reserve for a home that needs drainage work, accessibility changes, or a ride when advance transit is unavailable.

Planning a monthly budget

A local monthly estimate of $2,534 gives you the starting point, with transportation taking the largest share.

Housing
$574
Utilities (in rent)
$262
Food
$460/mo
Transportation
$1,064/mo
Healthcare
$436

Utilities are included in housing so they are not added twice. The separate Utilities row is a reference estimate.

How the total can change

A traveler style stay, a couple household, and long term rent answer different planning questions.

Comfortable Living
$3,422

Very Good

Cost of Living for Couple
$4,112

Very Good

Typical 1BR Rent
$574

Excellent

Everyday expenses

Dining, transportation, taxes, and car needs can change how the monthly budget feels.

Dining Out
$231/mo

Excellent

Need for a Car
Required
Property Taxes
Low

Good

Overall Feel
Good
Residents 65+ Below Poverty Level
21.9%
65+ Householder — Renter Occupied
17.2%
65+ Households With High Housing Costs
30.3%
Median Household Income, Householder 65+
$44,154

Could Cleveland fit your monthly retirement budget?

Compare your monthly budget with a city estimate. Add your expected housing amount when you have a more useful number.

Housing

Enter your expected rent and required housing charges, or leave this blank to use the current renter amount.

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Starting renter estimates

Use these broad monthly estimates as a starting point, then replace them with costs you know.

One person
$2,534 per month
Two people
$4,112 per month

One-person estimate breakdown

Housing
$574
Food
$460
Transportation
$1,064
Healthcare
$436

Taxes, debt, insurance, out-of-pocket care, travel, and one-time moving costs may not be included.

Cleveland in everyday life

Could Cleveland work for you?

What may work well

  • Census provides clear city housing benchmarks.
  • A local hospital may reduce some regional travel.

What to think about

  • Income and poverty make reserves important.
  • Flood planning, cooling, and transportation can materially change costs.

Price a Cleveland household

  1. Compare several addresses

    Keep housing, insurance, utilities, drainage, repairs, parking, and campus activity visible for each home.

  2. Map recurring trips

    Price care, groceries, pharmacy, Delta State, parks, transit, family, and regional specialists from the exact address.

  3. Reserve for heavy rain

    Keep room for drainage, flood coverage, cooling, repairs, power, and a ride when roads or schedules change.

Questions retirees ask

Is the $467 figure the full cost of owning without a mortgage?

No. It is the Census median for selected owner costs without a mortgage. Add taxes, insurance, utilities, repairs, flood coverage, care, and transportation.

Why can two Cleveland homes have different budgets?

Drainage, insurance, utilities, cooling, repairs, parking, distance, campus activity, and transportation vary by address.

Cleveland's housing benchmarks can anchor a budget, but the home must also carry cooling, drainage, flood, care, transportation, and repair costs.

Sources

The budget value gives a starting point for everyday spending. Housing, healthcare, safety, and climate can change what feels comfortable for a household.

Housing mix, exchange rates, healthcare needs, car ownership, and travel style can move a real monthly budget materially.

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How this city research is made

Retirement Lists uses documented public sources and methods to research, review, and correct city information. Read our Editorial Policy.