Cost of Living in Grenada
Grenada's cost of living centers on genuinely affordable housing, with a real, disclosed property-tax picture that depends on which of three counties a specific address falls within.
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Learn moreGenuinely affordable housing, with a real, disclosed price spread
Home-price figures span roughly $130,370-$260,000 across sources -- every figure at or below the national median, though this record discloses the real, wide spread rather than picking one number (base record).
A real, disclosed three-county property tax spread
Ownwell cites 0.91% for the Grenada County portion of Grenada (below the national median), versus 1.96% for the Tallahatchie County portion and 1.57% for the Carroll County portion -- confirm which applies to a specific address (base record).
Mississippi's real, low 4.0% flat state income tax
Mississippi's real, current 2026 flat individual income tax rate is 4.0% (on income above $10,000 single/$20,000 MFJ), with Social Security and qualified retirement income fully exempt statewide (base record).
Mississippi's real, elevated statewide homeowners insurance and 7.0% sales tax
Mississippi's statewide homeowners insurance average spans $2,514-$5,161/year across sources, and the state sales tax runs 7.0% (5.0% on groceries, effective July 1, 2025) -- both apply in Grenada as statewide (base record).
Key takeaways
- Grenada's home-price figures span ~$130,370-$260,000 across sources, all at or below the national median.
- Grenada's property tax rate genuinely depends on which of three counties a specific address falls within.
- Mississippi's 4.0% flat state income tax (2026) applies statewide, including in Grenada.
- Mississippi's statewide homeowners insurance ($2,514-$5,161/year) and 7.0% sales tax are real, disclosed costs.
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