Executive Financial Report: Silver City (39166)
Navigating the local economic landscape in Silver City (39166) reveals an average baseline monthly cost of living of approximately $2,940 for single individuals. This comprehensive benchmark reflects essential housing, food, tax, and healthcare commitments.
With typical rent and housing utilities averaging an affordable $535 per month—just 18% of baseline expenses—Silver City offers exceptionally competitive housing costs compared to wider metropolitan averages across Mississippi.
Household earnings in Silver City generally align with basic living standards. With an area median family income of $35,686, local workers earn roughly 1.01x the baseline living cost ($35,277.982/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
On the expenditure side, groceries and essential nutrition require approximately $262 per month in Silver City. Direct tax liabilities consume an estimated $453 monthly (15% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Silver City (39166) presents a distinct economic profile within Humphreys. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.