Cost of Living: Jackson, MS vs Fargo, ND (2026)

Jackson

Mississippi
58
VS

Fargo

North Dakota
73

Jackson is 21% cheaper than Fargo.

$1,018/mo ↑ 11%
Median Rent
$916/mo ↓ 10%
$43,238/yr ↓ 35%
Median Income
$66,029/yr ↑ 53%
$108,200 ↓ 60%
Home Value
$269,800 ↑ 149%
$956/mo ↓ 4%
Owner Costs
$997/mo ↑ 4%
149,827
Population
129,064

Tax Comparison

5.0%
Income Tax
2.5%
7.0%
State Sales Tax
5.0%
0.67%
Property Tax
0.98%

Affordability

28.3%
rent-to-income
Affordability
16.6%
rent-to-income

Detailed Comparison

When comparing Jackson, MS and Fargo, ND, the overall cost of living indices are 58 and 73 respectively (national median = 100). Rent is $102/month cheaper in Fargo, saving renters about $1,224/year.

Median household income is $22,791/year higher in Fargo. Home values also differ significantly — the median in Jackson is $108,200 compared to $269,800 in Fargo.

North Dakota has a lower income tax rate, making Fargo slightly more tax-friendly.

Frequently Asked Questions

Jackson vs Fargo — common questions

Is Jackson or Fargo cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 73 (US average = 100).
What is the rent difference between Jackson and Fargo?
Median rent in Jackson is $1,018/month and in Fargo it's $916/month — a difference of $102/month.
Which city has higher income, Jackson or Fargo?
Median household income is $43,238 in Jackson and $66,029 in Fargo. Median household income is $22,791/year higher in Fargo.
How do taxes compare between Mississippi and North Dakota?
Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax. North Dakota has 2.5% income tax, 5.0% sales tax, and 0.98% property tax.
Should I move to Jackson or Fargo?
It depends on your priorities. Jackson has a cost index of 58 with median rent of $1,018/mo, while Fargo has a cost index of 73 with rent of $916/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Jackson details → View Fargo details →

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