What is the cost of living in Canton, MS?
According to the most recent data on the cost of living, Canton has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Mississippi, Canton has a cost of living index that's 1.0x lower than Mississippi's index of 88.
The standard of living in Canton ranks as #9 most affordable out of the 67 places we measured in Mississippi. By definition, that implies Canton ranks as the #58 most expensive place in the Magnolia State.
For more reading on life in Canton, check out:
Canton Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Canton. Here is how it fares on each of the criteria:
The Services index in Canton is 98.
The Groceries index in Canton is 90.
The Health index in Canton is 66.
The Housing index in Canton is 92.
The Transportation index in Canton is 97.
The Utilities index in Canton is 90.
| Living Expense | Canton | Mississippi | National Average |
|---|---|---|---|
| Overall | 84 | 88 | 100 |
| Services | 98 | 99 | 100 |
| Groceries | 90 | 97 | 100 |
| Health | 66 | 63 | 100 |
| Housing | 92 | 94 | 100 |
| Transportation | 97 | 97 | 100 |
| Utilities | 90 | 93 | 100 |
Canton Cost Of Living Compared To Mississippi Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Mississippi, check out:
- Most Expensive Cities In Mississippi
- Most Affordable Cities In Mississippi
- Average Rent In Mississippi
Source: Cost-of-living index 2026, normalized to US average = 100
Canton, MS Housing Cost Breakdown
Housing swings affordability the most between places in Mississippi, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Canton is $223,699.
The Median Rent in Canton is $989.
The Median Income in Canton is $38,337.
The Home Value To Income in Canton is 5.8x.
The Rent To Monthly Income in Canton is 0.31x.
| Statistic | Canton | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $223,699 | $192,906 | $332,700 |
| Median Rent | $989 | $954 | $1,413 |
| Median Income | $38,337 | $56,447 | $80,734 |
| Home Value To Income | 5.8x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.31x | 0.2x | 0.21x |
Canton, MS Costs By Category
Detailed Canton Services costs vs. Mississippi
| Item | Canton | Mississippi |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $13.59 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $22.5 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
Detailed Canton Groceries costs vs. Mississippi
| Item | Canton | Mississippi |
|---|---|---|
| Ground Beef | $6.19 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.64 | $4.67 |
| Potatoes | $5.1 | $4.93 |
| Pizza | $12.66 | $12.09 |
| Beer | $9.66 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Canton Health costs vs. Mississippi
| Item | Canton | Mississippi |
|---|---|---|
| Optometrist | $106.25 | $125.68 |
| Doctor | $134.71 | $135.78 |
| Dentist | $121.33 | $113.29 |
Detailed Canton Transportation costs vs. Mississippi
| Item | Canton | Mississippi |
|---|---|---|
| Gasoline | $3.02 | $3.46 |
| Tire Balancing | $38.33 | $59.92 |
Detailed Canton Utilities costs vs. Mississippi
| Item | Canton | Mississippi |
|---|---|---|
| All Electricity | $141.59 | $193.99 |
| Phone | $187.62 | $192.25 |
Canton SnackAbility
Cost Of Living In Cities Around Canton
The cost of living varies in the cities and towns around Canton. Here's a quick look at the cost of living in the most populous nearby places:
Jackson, MS has a cost of living index of 86, 1.0x Canton.
Madison, MS has a cost of living index of 112, 1.3x Canton.
Pearl, MS has a cost of living index of 89, 1.1x Canton.
| City | Population | Cost Of Living | Vs. Canton |
|---|---|---|---|
| Jackson, MS | 146,631 | 86 | 1.0x |
| Madison, MS | 27,946 | 112 | 1.3x |
| Pearl, MS | 27,737 | 89 | 1.1x |
| Clinton, MS | 27,195 | 94 | 1.1x |
| Brandon, MS | 25,542 | 99 | 1.2x |
| Ridgeland, MS | 24,587 | 100 | 1.2x |
| Byram, MS | 12,799 | 93 | 1.1x |
| Flowood, MS | 10,587 | 101 | 1.2x |
| Richland, MS | 7,346 | 90 | 1.1x |
| Kosciusko, MS | 6,933 | 82 | 1.0x |
