Cost of Living in Mississippi

Avg Index: 66

41 cities · Updated March 2026

$1,035
Avg Rent / Month
$55,163
Avg Income
$174,624
Avg Home Value
66
Avg Cost Index
5.0%
Income Tax
7.0%
Sales Tax
Cheapest in Mississippi
Clarksdale
Index: 44 · Rent: $762/mo
Most Expensive in Mississippi
Madison
Index: 116 · Rent: $1,798/mo

Mississippi Cost of Living Overview

Mississippi is significantly more affordable than the national average, with a state-wide cost index of 66. The average monthly rent across Mississippi cities is $1,035, with median household incomes averaging $55,163 per year. The cheapest city is Clarksdale (index 44) and the most expensive is Madison (index 116).

Mississippi has a moderate tax environment with a 5.0% top income tax rate, 7.0% sales tax, and 0.67% effective property tax rate.

All 41 Cities in Mississippi — Ranked by Cost

Sorted from cheapest to most expensive (US average = 100)

#CityCost Index RentIncomeHome ValuePopulation
1 Clarksdale 44 $762/mo $35,210 $84,200 14,423
2 Greenwood 45 $743/mo $34,659 $98,500 13,983
3 Natchez 45 $745/mo $35,613 $114,100 14,207
4 Brookhaven 46 $736/mo $36,269 $111,500 11,656
5 Greenville 48 $824/mo $36,297 $100,800 28,833
6 McComb 48 $803/mo $40,515 $102,100 12,202
7 Yazoo 48 $823/mo $28,722 $93,000 10,270
8 Corinth 49 $638/mo $41,243 $164,200 14,450
9 Laurel 50 $839/mo $37,781 $110,200 17,129
10 Meridian 50 $865/mo $34,657 $100,800 34,466
11 Vicksburg 52 $857/mo $42,484 $117,000 20,944
12 Columbus 53 $882/mo $40,588 $121,200 23,616
13 Grenada 54 $799/mo $42,470 $152,100 12,484
14 Canton 55 $949/mo $34,812 $111,800 10,863
15 Moss Point 55 $1,043/mo $46,684 $107,700 12,066
16 Picayune 55 $907/mo $37,270 $146,500 11,839
17 Pascagoula 56 $896/mo $43,286 $132,500 21,812
18 Cleveland 57 $860/mo $43,519 $162,300 10,855
19 Jackson 58 $1,018/mo $43,238 $108,200 149,827
20 Hattiesburg 62 $995/mo $44,140 $153,600 48,507
21 Petal 62 $958/mo $72,845 $161,400 11,195
22 Gulfport 66 $1,030/mo $46,044 $167,100 72,533
23 Tupelo 66 $940/mo $66,314 $201,300 37,825
24 Gautier 67 $1,077/mo $62,480 $162,700 19,026
25 Pearl 70 $1,152/mo $54,643 $170,900 27,458
26 Starkville 70 $875/mo $39,751 $265,900 25,611
27 Biloxi 71 $1,051/mo $55,958 $203,200 49,011
28 D'Iberville 73 $1,177/mo $65,712 $199,000 13,033
29 Horn Lake 74 $1,293/mo $56,847 $158,900 26,622
30 Clinton 77 $1,135/mo $70,913 $220,400 27,418
31 Long Beach 78 $1,209/mo $71,121 $205,300 16,876
32 Byram 79 $1,318/mo $74,103 $177,200 12,847
33 Ridgeland 84 $1,204/mo $63,470 $259,600 24,548
34 Southaven 86 $1,361/mo $76,159 $214,800 55,531
35 Brandon 87 $1,261/mo $93,073 $255,900 25,352
36 Hernando 87 $1,163/mo $71,451 $282,200 17,580
37 Oxford 87 $1,093/mo $59,901 $333,400 26,086
38 Ocean Springs 88 $1,364/mo $78,929 $235,100 18,561
39 Flowood 97 $1,409/mo $83,204 $288,400 10,384
40 Olive Branch 100 $1,609/mo $98,421 $269,900 46,538
41 Madison 116 $1,798/mo $120,918 $334,700 27,775

Frequently Asked Questions

Common questions about cost of living in Mississippi

What is the cost of living in Mississippi?
The average cost of living index across 41 cities in Mississippi is 66 (US average = 100). Average rent is $1,035/month and median household income averages $55,163/year.
What is the cheapest city in Mississippi?
The cheapest city in Mississippi is Clarksdale with a cost index of 44, median rent of $762/month, and median income of $35,210/year.
What is the most expensive city in Mississippi?
The most expensive city in Mississippi is Madison with a cost index of 116, median rent of $1,798/month, and median income of $120,918/year.
What are taxes like in Mississippi?
Mississippi has a top income tax rate of 5.0%, a sales tax of 7.0%, and an effective property tax rate of 0.67%.
How many cities does CostToLive cover in Mississippi?
We track cost of living data for 41 cities in Mississippi with populations of 10,000 or more, using US Census Bureau ACS 2023 data.