Cost of Living in Natchez, MS

Population 14,207 · 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

Natchez's median household income of $35,613 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). Unemployment has stayed elevated relative to the national figure — 8.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 80 miles north of Baton Rouge, Natchez is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 49% lower than Baton Rouge's $225,000.

Cost Overview

Housing 37
Rent 57

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

About the Cost of Living in Natchez

The median home value in Natchez is $114,100 — 63% below the national median of $305,000. Median rent runs $745/month, 43% lower than the national median of $1,314/month. The median household income of $35,613/year is 52% lower than the US median of $74,580. The local unemployment rate is 8.8%, 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, Natchez has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$114,100
63% below avg
Zillow Home Value
$117,399
Zillow ZHVI
Median Rent
$745/mo
43% below avg
Price-to-Rent Ratio
12.8x
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 56.1%
Renter-occupied 43.9%

💰 Estimated Monthly Budget

Rent median rent
$745
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,359/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
18.4 min
32% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.4%

Commute Mode

Drove alone
89.5%
Carpooled
5.7%
Public transit
0.1%
Walked
0.7%
Work from home
3.4%

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
$35,613
52% below avg
Per Capita Income
$24,879
Unemployment Rate
8.8%
82% above avg
Poverty Rate
33.1%
Labor Force Participation
49.3%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 11.1%

👥 Demographics

Median Age 39.1
Male median age 37.9
Female median age 39.6

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
14.9:1
Student-teacher ratio
10
Public schools
3,104
Total enrollment

Frequently Asked Questions

What is the cost of living in Natchez, MS?

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

What is average rent in Natchez, MS?

The median gross rent in Natchez is $745 per month based on 2023 Census data.

What is the average home price in Natchez?

The median home value in Natchez is $114,100 according to Zillow and Census data.

What is the median income in Natchez?

The median household income in Natchez is $35,613 per year (2023 ACS 5-year estimates).

What is the sales tax in Natchez, MS?

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

Is Natchez, MS affordable?

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

Natchez at a Glance

Population
14,207
Median Income
$35,613
Home Value
$114,100
Median Rent
$745/mo
Unemployment
8.8%
Sales Tax
7.1%
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