Austin is 131% more expensive than Jackson.
When comparing Austin, TX and Jackson, MS, the overall cost of living indices are 134 and 58 respectively (national median = 100). Rent is $637/month cheaper in Jackson, saving renters about $7,644/year.
Median household income is $48,223/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $108,200 in Jackson.
Texas has no state income tax, giving Austin residents a significant tax advantage over Mississippi's 5.0% rate.
Austin vs Jackson — common questions
Other cost of living comparisons for Austin and Jackson