Cost of Living: Nashville, TN vs Jackson, MS (2026)

Nashville

Tennessee
110
VS

Jackson

Mississippi
58

Nashville is 90% more expensive than Jackson.

$1,486/mo ↑ 46%
Median Rent
$1,018/mo ↓ 31%
$75,197/yr ↑ 74%
Median Income
$43,238/yr ↓ 43%
$383,100 ↑ 254%
Home Value
$108,200 ↓ 72%
$1,471/mo ↑ 54%
Owner Costs
$956/mo ↓ 35%
684,298
Population
149,827

Tax Comparison

0%
Income Tax
5.0%
7.0%
State Sales Tax
7.0%
0.64%
Property Tax
0.67%

Affordability

23.7%
rent-to-income
Affordability
28.3%
rent-to-income

Detailed Comparison

When comparing Nashville, TN and Jackson, MS, the overall cost of living indices are 110 and 58 respectively (national median = 100). Rent is $468/month cheaper in Jackson, saving renters about $5,616/year.

Median household income is $31,959/year higher in Nashville. Home values also differ significantly — the median in Nashville is $383,100 compared to $108,200 in Jackson.

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

Frequently Asked Questions

Nashville vs Jackson — common questions

Is Nashville or Jackson cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 110 (US average = 100).
What is the rent difference between Nashville and Jackson?
Median rent in Nashville is $1,486/month and in Jackson it's $1,018/month — a difference of $468/month.
Which city has higher income, Nashville or Jackson?
Median household income is $75,197 in Nashville and $43,238 in Jackson. Median household income is $31,959/year higher in Nashville.
How do taxes compare between Tennessee and Mississippi?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.
Should I move to Nashville or Jackson?
It depends on your priorities. Nashville has a cost index of 110 with median rent of $1,486/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 Nashville details → View Jackson details →

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