Pearl, MS

Very Low · 70

Mississippi · Population 27,458 · Updated March 2026

$1,152
Median Rent / Month
$54,643
Median Income
$170,900
Median Home Value
$1,060
Owner Costs / Month

Affordability

How far your income goes in Pearl

25.3%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Mississippi

State-level tax rates that affect your costs

5.0%
Income Tax (Top Rate)
7.0%
Sales Tax
0.67%
Property Tax Rate

Estimated Annual Costs

$13,824
Annual Rent
$2,732
State Income Tax
$1,145
Property Tax (est.)

Cost of Living Overview

Pearl is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 70 (where 100 equals the national median), Pearl residents can expect to pay median rent of $1,152/month while earning a median household income of $54,643/year.

The median home value in Pearl, MS is $170,900, with typical monthly owner costs around $1,060 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.3%, Pearl falls within the generally affordable range, though it's approaching the 30% burden threshold.

Mississippi has a moderate income tax rate of 5.0%. Combined with a 7.0% sales tax rate and 0.67% effective property tax rate, the overall tax environment is a factor in the total cost of living in Pearl.

Frequently Asked Questions

Common questions about living costs in Pearl

What is the cost of living in Pearl, MS?
The cost of living index in Pearl, MS is 70 (US average = 100). Median monthly rent is $1,152, median household income is $54,643/year, and the median home value is $170,900.
Is Pearl, MS affordable?
Yes, Pearl is more affordable than the national average with a cost index of 70. The rent-to-income ratio is 25.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Pearl, MS?
The median gross rent in Pearl, MS is $1,152 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,824.
What is the median household income in Pearl?
The median household income in Pearl, MS is $54,643 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Mississippi?
Mississippi has a top income tax rate of 5.0%, a sales tax of 7.0%, and an effective property tax rate of 0.67%.