Cost of Living: Jackson, MS vs Waterbury, CT (2026)

Jackson

Mississippi
58
VS

Waterbury

Connecticut
76

Jackson is 24% cheaper than Waterbury.

$1,018/mo ↓ 14%
Median Rent
$1,180/mo ↑ 16%
$43,238/yr ↓ 16%
Median Income
$51,642/yr ↑ 19%
$108,200 ↓ 42%
Home Value
$185,400 ↑ 71%
$956/mo ↓ 25%
Owner Costs
$1,273/mo ↑ 33%
149,827
Population
114,356

Tax Comparison

5.0%
Income Tax
6.99%
7.0%
State Sales Tax
6.35%
0.67%
Property Tax
2.15%

Affordability

28.3%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Jackson, MS and Waterbury, CT, the overall cost of living indices are 58 and 76 respectively (national median = 100). Rent is $162/month cheaper in Jackson, saving renters about $1,944/year.

Median household income is $8,404/year higher in Waterbury. Home values also differ significantly — the median in Jackson is $108,200 compared to $185,400 in Waterbury.

Mississippi has a lower income tax rate, making Jackson slightly more tax-friendly.

Frequently Asked Questions

Jackson vs Waterbury — common questions

Is Jackson or Waterbury cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 76 (US average = 100).
What is the rent difference between Jackson and Waterbury?
Median rent in Jackson is $1,018/month and in Waterbury it's $1,180/month — a difference of $162/month.
Which city has higher income, Jackson or Waterbury?
Median household income is $43,238 in Jackson and $51,642 in Waterbury. Median household income is $8,404/year higher in Waterbury.
How do taxes compare between Mississippi and Connecticut?
Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Jackson or Waterbury?
It depends on your priorities. Jackson has a cost index of 58 with median rent of $1,018/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Jackson details → View Waterbury details →

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