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Mississippi Cost of Living (MS)

The cost of living in Mississippi (MS) is lower than the nationwide average. The average yearly pay in Mississippi is $36,455.00, which is lower than the U.S. average annual salary by $13,353.00. The consumer price index (CPI) of 216 in Mississippi is 7.30% lower than the U.S. city average CPI of 233. The sales tax is 7.00%.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Mississippi annual salary, sales tax rates and the regional consumer price index.


Mississippi Consumer Price Index (CPI):
CPI
Mississippi
216
U.S. City Average
233
Average Annual Pay:
U.S. Dollars
Mississippi
$36,455
U.S. City Average
$49,808
Consumption Categories in Mississippi versus National Average:
Category Percentage Versus National Average
Education -23.83%
69.46%
0%
Healthcare -3.58%
10.43%
0%
Groceries 25.17%
0%
73.36%
Rent -18.84%
54.91%
0%
Mortgage -31.19%
90.91%
0%
Electricity 18.30%
0%
53.34%
Gasoline -4.10%
11.95%
0%


Cost of Living by State:


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