Cost of Living in Greenville, MS

Population 28,833 · Mississippi · Data vintage 2023

45
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greenville's median household income of $36,297 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 (32% here). Unemployment has stayed elevated relative to the national figure — 10.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Greenville lies roughly 90 miles northwest of the nearest major metro, Jackson. Housing prices track closely with Jackson's $108,000 median.

Cost Overview

Housing 33
Rent 63

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Greenville

The median home value in Greenville is $100,800 — 67% below the national median of $305,000. Median rent runs $824/month, 37% lower than the national median of $1,314/month. The median household income of $36,297/year is 51% lower than the US median of $74,580. The local unemployment rate is 10.2%, 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%. The climate averages highs of 74.5°F and lows of 53.6°F. Overall, Greenville has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$100,800
67% below avg
Zillow Home Value
$48,874
Zillow ZHVI
Median Rent
$824/mo
37% below avg
Price-to-Rent Ratio
10.2x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$770
1 BR
$802
2 BR
$933
3 BR
$1,238
4 BR
$1,321
Owner-occupied 51.0%
Renter-occupied 49.0%

💰 Estimated Monthly Budget

Rent median rent
$824
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,438/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.3 min
29% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.7%

Commute Mode

Drove alone
85.0%
Carpooled
8.4%
Public transit
1.1%
Walked
2.0%
Work from home
2.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.7%
Total Sales Tax 7.1%
State rate 7.0%
Avg local rate 0.1%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$36,297
51% below avg
Per Capita Income
$22,823
Unemployment Rate
10.2%
112% above avg
Poverty Rate
31.8%
Labor Force Participation
49.9%

🎓 Education

Bachelor's degree+ 12.5%
Graduate degree 7.6%

👥 Demographics

Median Age 38.4
Male median age 36.2
Female median age 40.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.5°F
Avg Low
53.6°F
Annual Precip
49"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535866758389939288776555
Low °F 353845546269727164534237
Precip" 4.494.724.715.013.793.323.182.833.624.224.015.10

🏫 Schools

NCES CCD 2019 — public school district data

78%
4-Year Graduation Rate
16.3:1
Student-teacher ratio
12
Public schools
4,244
Total enrollment

Frequently Asked Questions

What is the cost of living in Greenville, MS?

Greenville has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Greenville, MS?

The median gross rent in Greenville is $824 per month based on 2023 Census data.

What is the average home price in Greenville?

The median home value in Greenville is $100,800 according to Zillow and Census data.

What is the median income in Greenville?

The median household income in Greenville is $36,297 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenville, MS?

The combined state and local sales tax rate in Greenville is 7.1%. The Mississippi state income tax top rate is 4.7%.

Is Greenville, MS affordable?

Yes, Greenville is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

What is the weather like in Greenville?

Greenville has average high temperatures of 74.5°F and average lows of 53.6°F. Annual precipitation is 49". Data from NOAA 1991–2020 Climate Normals.

Greenville at a Glance

Population
28,833
Median Income
$36,297
Home Value
$100,800
Median Rent
$824/mo
Unemployment
10.2%
Avg High Temp
74.5°F
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

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