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Cost of Living in Mississippi (MS)

The cost of living in Mississippi is lower than the national average. State of Mississippi salaries average $38,144.00, indicating a pay rate that is lower than the U.S. average annual salary by $15,477.00. The consumer price index (CPI) of 228 in Mississippi is 6.94% lower than the U.S. city average CPI of 245. 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
228
U.S. City Average
245
Average Annual Pay:
U.S. Dollars
Mississippi
$38,144
U.S. City Average
$53,621
Consumption Categories in Mississippi versus National Average:
Category Percentage Versus National Average
Education -15.13%
58.18%
0%
Healthcare -3.04%
11.69%
0%
Groceries 23.64%
0%
90.91%
Rent -21.55%
82.87%
0%
Mortgage -13.31%
51.18%
0%
Electricity 19.09%
0%
73.41%
Gasoline -9.27%
35.65%
0%


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