Cost of Living: Louisville, KY vs Jackson, MS (2026)

Louisville

Kentucky
74
VS

Jackson

Mississippi
58

Louisville is 28% more expensive than Jackson.

$1,069/mo ↑ 5%
Median Rent
$1,018/mo ↓ 5%
$64,731/yr ↑ 50%
Median Income
$43,238/yr ↓ 33%
$221,500 ↑ 105%
Home Value
$108,200 ↓ 51%
$1,118/mo ↑ 17%
Owner Costs
$956/mo ↓ 14%
627,210
Population
149,827

Tax Comparison

4.0%
Income Tax
5.0%
6.0%
State Sales Tax
7.0%
0.83%
Property Tax
0.67%

Affordability

19.8%
rent-to-income
Affordability
28.3%
rent-to-income

Detailed Comparison

When comparing Louisville, KY and Jackson, MS, the overall cost of living indices are 74 and 58 respectively (national median = 100). Rent is $51/month cheaper in Jackson, saving renters about $612/year.

Median household income is $21,493/year higher in Louisville. Home values also differ significantly — the median in Louisville is $221,500 compared to $108,200 in Jackson.

Kentucky has a lower income tax rate, making Louisville slightly more tax-friendly.

Frequently Asked Questions

Louisville vs Jackson — common questions

Is Louisville or Jackson cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 74 (US average = 100).
What is the rent difference between Louisville and Jackson?
Median rent in Louisville is $1,069/month and in Jackson it's $1,018/month — a difference of $51/month.
Which city has higher income, Louisville or Jackson?
Median household income is $64,731 in Louisville and $43,238 in Jackson. Median household income is $21,493/year higher in Louisville.
How do taxes compare between Kentucky and Mississippi?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.
Should I move to Louisville or Jackson?
It depends on your priorities. Louisville has a cost index of 74 with median rent of $1,069/mo, while Jackson has a cost index of 58 with rent of $1,018/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Louisville details → View Jackson details →

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