Mississippi

Cost of living, salaries, housing prices, taxes and population data for Mississippi. Official U.S. government data.

Population
2,951,438
Latest data · 38.4 median age
Median Household Income
$54,915
Rank #50 of 50 · 2026
Median Home Value
$161,400
$1,189/yr property tax

Living in Mississippi: the lowest costs in America

Mississippi anchors manufacturing, agriculture, shipbuilding on the Gulf Coast and growing auto suppliers, with Jackson and the Coast providing healthcare and service jobs. Incomes are the lowest in the nation, which the cost side more than offsets for many households.

Housing here is the cheapest in the country by most measures, and everyday spending follows. The trade-offs are fewer high-paying roles, thinner amenities outside the main corridors and health and education systems that lag. For budget maximizers and remote earners, few states stretch a dollar further.

Quick answers: Mississippi

How does Mississippi rank for household income?
The median household income in Mississippi is $54,915, ranking #50 of 50 states in 2026.
What is the median home value in Mississippi?
The median home value in Mississippi is $161,400, with a median annual property tax bill of $1,189.

Mississippi vs the national average

  • Income 27% below the national median ($75,561).
  • Median home value 41% below the national median ($272,900).

County Explorer — Mississippi

2026 · 82 areas
County / Area ↕Studio ↕1 BR ↕2 BR ↓3 BR ↕4 BR ↕
Click any row to view details ↓

2BR Rent Trend 2020–2026

County vs County

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Latest data for 2026 · Historical trends from past years to 2026. Disclaimer · Click any county for deep dive.

Frequently asked questions

What data does this page show?

Cost of living, median income, rent, home prices and taxes in Mississippi for 2026, with county explorer and historical trends from past years to 2026.

What is the cost of living in Mississippi?

Housing, rent, income and taxes for Mississippi with county explorer and trends — all on this page.

How to explore Mississippi counties?

Open the county table to sort fair rents and compare counties side by side.

How current are the figures?

All figures reflect 2026 and update automatically from official sources.

Where do the numbers come from?

All figures are compiled from official U.S. government public data and refreshed automatically. LifeIndexData is 100% free to use and fully independent: we are not affiliated with, sponsored by, or compensated by any bank, lender or financial institution, and advertising never influences our data or rankings.

How do I cite this page?

LifeIndexData. "Mississippi Cost of Living, Salary & Housing Data 2026" (2026). https://lifeindexdata.com/usa/states/mississippi/

Is this financial advice?

No. All data is informational only — see our Disclaimer before making decisions.