Free Mississippi (MS) cost of living calculator with 2026-specific rates. Calculate your exact cost of living using real Mississippi data.
Mississippi has a cost of living index of 85, where 100 represents the national average. This means living in Mississippi is about 15% less expensive than the national average.
With an index of 85, Mississippi is one of the most affordable states in the country. Key factors include the median home price of $160,000, state income tax up to 5%, and average insurance costs.
The median household income in Mississippi is $46,500. With a cost of living index of 85 and median home price of $160,000, a comfortable salary depends on your household size, location within the state, and lifestyle. Use our calculator to compare costs across states.