Cost of Living in Canton, MS
Population 10,863 · Mississippi · Data vintage 2023
(100 = US avg)
Canton's median household income of $34,812 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (33% here).
Canton sits roughly 20 miles northeast of Jackson — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Jackson's $108,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Canton
The median home value in Canton is $111,800 — 63% below the national median of $305,000. Median rent runs $949/month, 28% lower than the national median of $1,314/month. The median household income of $34,812/year is 53% lower than the US median of $74,580. The local unemployment rate is 3.8%, below the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. Overall, Canton has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Canton, MS?
Canton has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in Canton, MS?
The median gross rent in Canton is $949 per month based on 2023 Census data.
What is the average home price in Canton?
The median home value in Canton is $111,800 according to Zillow and Census data.
What is the median income in Canton?
The median household income in Canton is $34,812 per year (2023 ACS 5-year estimates).
What is the sales tax in Canton, MS?
The combined state and local sales tax rate in Canton is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Canton, MS affordable?
Yes, Canton is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
Canton at a Glance
- Population
- 10,863
- Median Income
- $34,812
- Home Value
- $111,800
- Median Rent
- $949/mo
- Unemployment
- 3.8%
- Sales Tax
- 7.1%
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Mississippi Rankings
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