Miami, FL vs Jackson, MS: 129 vs 58

$1,657/mo ↑ 63%

Median Rent

$1,018/mo ↓ 39%

$59,390/yr ↑ 37%

Median Income

$43,238/yr ↓ 27%

$475,200 ↑ 339%

Home Value

$108,200 ↓ 77%

$1,666/mo ↑ 74%

Owner Costs

$956/mo ↓ 43%

446,663

Population

149,827

Detailed Comparison

When comparing Miami, FL and Jackson, MS, the overall cost of living indices are 129 and 58 respectively (national median = 100). Rent is $639/month cheaper in Jackson, saving renters about $7,668/year.

Median household income is $16,152/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $108,200 in Jackson.

Florida has no state income tax, giving Miami residents a significant tax advantage over Mississippi's 5.0% rate.

Frequently Asked Questions

Miami vs Jackson — common questions

Is Miami or Jackson cheaper to live in?

Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 129 (US average = 100).

What is the rent difference between Miami and Jackson?

Median rent in Miami is $1,657/month and in Jackson it's $1,018/month — a difference of $639/month.

Which city has higher income, Miami or Jackson?

Median household income is $59,390 in Miami and $43,238 in Jackson. Median household income is $16,152/year higher in Miami.

How do taxes compare between Florida and Mississippi?

Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.

Should I move to Miami or Jackson?

It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/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.

Cost of Living: Miami, FL vs Jackson, MS (2026)

Miami

Jackson

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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