Jackson, MS Cost Of Living
Cost Of Living In Jackson, MS Summary
Cost of living in Jackson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Jackson is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Mississippi, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Jackson is 83, with 100 being the average.
The cost of living index in Jackson is 0.8x lower than the national average.
Jackson ranks as the #30 cheapest in Mississippi out of 69.
Jackson ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Jackson is $92,900.
The median income in Jackson is $39,969.
Table Of Contents
Jackson's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Jackson, MS?
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 Mississippi, Jackson has a cost of living index that's 1.0x lower than Mississippi's index of 86.
The standard of living in Jackson ranks as #30 most affordable out of the 69 places we measured in Mississippi. By definition, that implies Jackson ranks as the #39 most expensive place in the Magnolia State.
For more reading on life in Jackson, check out:
- Living In Jackson
- Jackson Crime Report
- Search Homes For Sale In Jackson, MS
In Mississippi
In America
Jackson Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Jackson. Here is how it fairs on each of the criteria:
The Services index in Jackson is 97.
The Groceries index in Jackson is 91.
The Health index in Jackson is 90.
The Housing index in Jackson is 59.
The Transportation index in Jackson is 88.
The Utilities index in Jackson is 103.
| Living Expense | Jackson | Mississippi | National Average | |
|---|---|---|---|---|
| Overall | 83 | 86 | 100 | |
| Services | 97 | 92 | 100 | |
| Groceries | 91 | 94 | 100 | |
| Health | 90 | 98 | 100 | |
| Housing | 59 | 69 | 100 | |
| Transportation | 88 | 91 | 100 | |
| Utilities | 103 | 87 | 100 | |
Jackson, 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 2017-2021. The key points are:
The Median Home Value in Jackson is $92,900.
The Median Rent in Jackson is $905.
The Median Income in Jackson is $39,969.
The Home Value To Income in Jackson is 2.3x.
The Rent To Monthly Income in Jackson is 0.27x.
| Statistic | Jackson | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $92,900 | $133,000 | $244,900 |
| Median Rent | $905 | $830 | $1,163 |
| Median Income | $39,969 | $49,111 | $69,021 |
| Home Value To Income | 2.3x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Jackson, MS Costs By Category
Detailed Jackson Services Costs Vs. Mississippi
| Item | Jackson | Mississippi |
|---|---|---|
| Shampoo | $0.76 | $1.06 |
| Movie | $9.08 | $10.68 |
| Bowling | $7.08 | $14.67 |
| Haircut | $13.32 | $18.62 |
| Beauty Salon | $23.38 | $39.05 |
Detailed Jackson Groceries Costs Vs. Mississippi
| Item | Jackson | Mississippi |
|---|---|---|
| Ground Beef | $5.35 | $4.22 |
| Fried Chicken | $1.05 | $1.39 |
| Milk | $1.78 | $2.05 |
| Potatoes | $2.36 | $3.29 |
| Pizza | $9.32 | $10.62 |
| Beer | $9.72 | $9.38 |
| Toothpaste | $3.06 | $2.34 |
Detailed Jackson Health Costs Vs. Mississippi
| Item | Jackson | Mississippi |
|---|---|---|
| Optometrist | $83.0 | $108.57 |
| Doctor | $90.5 | $116.17 |
| Dentist | $86.63 | $99.13 |
Detailed Jackson Transportation Costs Vs. Mississippi
| Item | Jackson | Mississippi |
|---|---|---|
| Gasoline | $2.01 | $2.22 |
| Tire Balancing | $37.66 | $50.07 |
Detailed Jackson Utilities Costs Vs. Mississippi
| Item | Jackson | Mississippi |
|---|---|---|
| All Electricity | $122.36 | $167.67 |
| Phone | $40.59 | $175.64 |
Jackson SnackAbility
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Cost Of Living In Cities Around Jackson
The cost of living varies in the cities and towns around Jackson. Here's a quick look at the cost of living in the most populous nearby places:
Clinton, MS has a cost of living index of 93, 1.1x Jackson.
Madison, MS has a cost of living index of 107, 1.3x Jackson.
Pearl, MS has a cost of living index of 88, 1.1x Jackson.
| City | Population | Cost Of Living | Vs. Jackson |
|---|---|---|---|
| Clinton, MS | 27,830 | 93 | 1.1x |
| Madison, MS | 27,459 | 107 | 1.3x |
| Pearl, MS | 27,017 | 88 | 1.1x |
| Brandon, MS | 24,887 | 95 | 1.1x |
| Ridgeland, MS | 24,330 | 95 | 1.1x |
| Byram, MS | 12,591 | 92 | 1.1x |
| Flowood, MS | 10,019 | 94 | 1.1x |
| Richland, MS | 7,126 | 89 | 1.1x |
