Cost of Living in Louisville, MS
Population 6,018 · Mississippi · Data vintage 2023
(100 = US avg)
Louisville's median household income of $37,679 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 (41% here). Unemployment has stayed elevated relative to the national figure — 9.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 85 miles northeast of Jackson, Louisville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 26% higher than Jackson's $108,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Louisville
The median home value in Louisville is $135,800 — 55% below the national median of $305,000. Median rent runs $539/month, 59% lower than the national median of $1,314/month. The median household income of $37,679/year is 49% lower than the US median of $74,580. The local unemployment rate is 9.8%, 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, Louisville has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.
Louisville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Louisville, MS?
Louisville has a cost index of 43 (100 = national average). It is 57% below the national average.
What is average rent in Louisville, MS?
The median gross rent in Louisville is $539 per month based on 2023 Census data.
What is the average home price in Louisville?
The median home value in Louisville is $135,800 according to Zillow and Census data.
What is the median income in Louisville?
The median household income in Louisville is $37,679 per year (2023 ACS 5-year estimates).
What is the sales tax in Louisville, MS?
The combined state and local sales tax rate in Louisville is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Louisville, MS affordable?
Yes, Louisville is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.
Louisville at a Glance
- Population
- 6,018
- Median Income
- $37,679
- Home Value
- $135,800
- Median Rent
- $539/mo
- Unemployment
- 9.8%
- Sales Tax
- 7.1%
Nearby Cities
Explore county-level cost of living data
Mississippi Rankings
Similar Cost Cities
Cities in other states with comparable housing costs