Cost of Living in Jackson, MS

Population 149,827 · Mississippi · Data vintage 2023

52
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Jackson run well below national norms — a median of $43,238 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $108,000). Around 27% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Cost Overview

Housing 35
Rent 77

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

About the Cost of Living in Jackson

The median home value in Jackson is $108,200 — 65% below the national median of $305,000. Median rent runs $1,018/month, 23% lower than the national median of $1,314/month. The median household income of $43,238/year is 42% lower than the US median of $74,580. The local unemployment rate is 9.4%, 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 76.4°F and lows of 55.6°F. Overall, Jackson has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.

🏠 Housing

Median Home Value
$108,200
65% below avg
Zillow Home Value
$86,017
Zillow ZHVI
Median Rent
$1,018/mo
23% below avg
Zillow Rent
$1,282/mo
Zillow ZORI
Price-to-Rent Ratio
8.9x
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 48.6%
Renter-occupied 51.4%

💰 Estimated Monthly Budget

Rent median rent
$1,018
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,632/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
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
75.1%
Carpooled
14.2%
Public transit
0.6%
Walked
1.4%
Bicycle
0.2%
Work from home
8.1%

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
$43,238
42% below avg
Per Capita Income
$26,868
Unemployment Rate
9.4%
96% above avg
Poverty Rate
26.8%
Labor Force Participation
60.6%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 12.4%

👥 Demographics

Median Age 34.7
Male median age 33.2
Female median age 36.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.4°F
Avg Low
55.6°F
Annual Precip
51.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576270778490929288796760
Low °F 384148556371737368564540
Precip" 5.094.364.835.283.943.924.653.443.343.574.204.71

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 54 — Moderate
35.9%
Good air days/yr
115
Max AQI recorded
268
PM2.5 days
97
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

79%
4-Year Graduation Rate
14.6:1
Student-teacher ratio
58
Public schools
22,510
Total enrollment

Frequently Asked Questions

What is the cost of living in Jackson, MS?

Jackson has a cost index of 52 (100 = national average). It is 48% below the national average.

What is average rent in Jackson, MS?

The median gross rent in Jackson is $1,018 per month based on 2023 Census data.

What is the average home price in Jackson?

The median home value in Jackson is $108,200 according to Zillow and Census data.

What is the median income in Jackson?

The median household income in Jackson is $43,238 per year (2023 ACS 5-year estimates).

What is the sales tax in Jackson, MS?

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

Is Jackson, MS affordable?

Yes, Jackson is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.

What is the weather like in Jackson?

Jackson has average high temperatures of 76.4°F and average lows of 55.6°F. Annual precipitation is 51.3". Data from NOAA 1991–2020 Climate Normals.

Jackson at a Glance

Population
149,827
Median Income
$43,238
Home Value
$108,200
Median Rent
$1,018/mo
Unemployment
9.4%
Avg High Temp
76.4°F
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs