According to the most recent data on the cost of living, Jackson has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.
Compared to only Mississippi, Jackson has a cost of living index that's 1.0x lower than Mississippi's index of 84.
The standard of living in Jackson ranks as #522 most affordable out of the 6522 places we measured in Mississippi. By definition, that implies Jackson ranks as the #5884 most expensive place in the Magnolia State.
Living Expense | Jackson | Mississippi | National Average | |
---|---|---|---|---|
Overall | 83 | 84 | 100 | |
Services | 95 | 94 | 100 | |
Groceries | 89 | 94 | 100 | |
Health | 89 | 91 | 100 | |
Housing | 58 | 63 | 100 | |
Transportation | 87 | 90 | 100 | |
Utilities | 104 | 95 | 100 |
Housing swings affordability the most between places in Mississippi, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Jackson | Mississippi | United States |
---|---|---|---|
Median Home Value | $90,800 | $114,500 | $204,900 |
Median Rent | $824 | $762 | $1,023 |
Median Income | $37,563 | $43,567 | $60,293 |
Home Value To Income | 2.4x | 2.6x | 3.4x |
Rent To Monthly Income | 0.26x | 0.21x | 0.2x |
City | Population | Cost Of Living | Vs. Jackson | Pearl, MS | 26,508 | 86 | 1.0x | Madison, MS | 25,522 | 107 | 1.3x | Clinton, MS | 25,456 | 92 | 1.1x | Ridgeland, MS | 24,265 | 95 | 1.1x | Brandon, MS | 23,688 | 94 | 1.1x | Byram, MS | 11,657 | 90 | 1.1x | Flowood, MS | 8,870 | 95 | 1.1x | Richland, MS | 7,185 | 87 | 1.0x |
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