Cost of Living in Corinth, MS
Population 14,450 · Mississippi · Data vintage 2023
(100 = US avg)
At $41,243, median household incomes in Corinth land roughly 45% below the US median, a gap that tends to persist across local labor-market indicators. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Corinth lies roughly 85 miles east of the nearest major metro, Memphis. Housing prices track closely with Memphis' $157,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Corinth
The median home value in Corinth is $164,200 — 46% below the national median of $305,000. Median rent runs $638/month, 51% lower than the national median of $1,314/month. The median household income of $41,243/year is 45% lower than the US median of $74,580. The local unemployment rate is 6.5%, above 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, Corinth has a cost of living index of 52 versus the US average of 100, meaning it is 48% 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 Corinth, MS?
Corinth has a cost index of 52 (100 = national average). It is 48% below the national average.
What is average rent in Corinth, MS?
The median gross rent in Corinth is $638 per month based on 2023 Census data.
What is the average home price in Corinth?
The median home value in Corinth is $164,200 according to Zillow and Census data.
What is the median income in Corinth?
The median household income in Corinth is $41,243 per year (2023 ACS 5-year estimates).
What is the sales tax in Corinth, MS?
The combined state and local sales tax rate in Corinth is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Corinth, MS affordable?
Yes, Corinth is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.
Corinth at a Glance
- Population
- 14,450
- Median Income
- $41,243
- Home Value
- $164,200
- Median Rent
- $638/mo
- Unemployment
- 6.5%
- Sales Tax
- 7.1%
Explore county-level cost of living data
Mississippi Rankings
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