An amount below 100 means Mississippi is cheaper than the US average. A cost of living index above 100 means Mississippi, Mississippi is more expensive.
Mississippi cost of living is 81.1.
| COST OF LIVING | Mississippi | United States |
|---|---|---|
| Grocery | 94.9 | 100 |
| Health | 101.4 | 100 |
| Housing | 55.6 | 100 |
| Median Home Cost | $141,900 | $291,700 |
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How much does it cost to live comfortably in Mississippi?
Mississippi has the lowest cost out of living of all 50 states. Mississippi’s cost of living index is 84.8. At a housing index of 66.7, Mississippi has the lowest housing costs in the country, with the average home price at $128,000 ad the average rent for a two-bedroom apartment at $795 per month.
Is it expensive to live in Mississippi?
Living in Mississippi is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 14.0% less than they do on average nationwide. Compared with all other states, Mississippi has the second lowest overall cost of living.
Why is Mississippi cost of living so low?
Land availability, low rent prices and access to the Gulf and highways for shipping make Mississippi the least expensive place to live in the U.S., Cole said. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states.
What is bad about living in Mississippi?
Disadvantages Of Living In Mississippi
Low-quality education. Lackluster economy. Poor quality of health care. Lack of diversity and acceptance of change.
What’s the minimum wage in Mississippi?
$7.25
State Minimum Wage Rates
| State | 2020 Minimum Wage | 2021 Minimum Wage |
|---|---|---|
| Mississippi | $7.25 (Federal, no state minimum) | $7.25 (Federal, no state minimum) |
| Missouri | $9.45 | $10.30 |
| Montana | $8.65 | $8.75 |
| Nebraska | $9.00 | $9.00 |
What is the cheapest state to live in 2021?
Cheapest States To Live in 2021
- Mississippi. Cost of Living Index: 84.8 Grocery Cost Index: 93.1.
- Oklahoma. Cost of Living Index: 86.8 Grocery Cost Index: 94.1.
- Arkansas. Cost of Living Index: 87.8 Grocery Cost Index: 90.7.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
What city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living.
What states have the cheapest apartments?
States With the Most Affordable Housing
- Ohio.
- Indiana.
- Pennsylvania.
- Nebraska.
- North Dakota.
- Oklahoma.
- West Virginia.
- Michigan.
Is Mississippi Safe?
Mississippi’s rise in violent crimes over the last year tracks with increased reports of gun violence from our survey respondents. Overall, a slim majority of respondents say they feel safe in their home state, which is among the bottom third of US states with the lowest violent crime rates.
What is the cheapest state to buy a house?
- Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
- West Virginia. West Virginia is the second-cheapest state to buy a home.
- Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
- Oklahoma.
- Kentucky.
- Indiana.
- Alabama.
- Ohio.
What is a good salary in Mississippi?
While ZipRecruiter is seeing salaries as high as $117,844 and as low as $17,763, the majority of salaries within the Average jobs category currently range between $42,891 (25th percentile) to $64,121 (75th percentile) with top earners (90th percentile) making $77,985 annually in Mississippi.
Why is Mississippi ranked so poorly?
WalletHub’s “2016 State’s with Best and Worse Economies” report ranked Mississippi 51st in overall, due to the state’s low GDP, low median annual household income and high unemployment rate.
What is the blackest city in Mississippi?
- Mound Bayou is a city in Bolivar County, Mississippi, United States.
- Mound Bayou has a 98.6 percent African-American majority population, one of the largest of any community in the United States.
- Mound Bayou traces its origin to freed African Americans from the community of Davis Bend, Mississippi.
- Isaiah T.
Why do people move out of Mississippi?
Waller said the answer to growth is jobs and education. Representative Earle Banks agrees and said millennials are a large number of the people leaving the state. “People are moving to other places because they have better job opportunities and better income in other places.
What should I know before moving to Mississippi?
One of the most important things you should know before moving to Mississippi is its culture, shaped by its people. A Southern state through and through, Mississippi is one of the most religious and most hospitable states in the country. The largely rural and low-income population embraces the Southern charm.
What states have $15 minimum wage?
How Many States Have a $15 Minimum Wage?
- Minimum Wage Management. Simplified.
- California. For large employers, the $15 minimum wage rate begins Jan.
- July 1, 2021, Minimum Wage Rates: California Cities.
- Connecticut.
- Delaware.
- Florida.
- Illinois.
- Maryland.
How much does Walmart pay in Mississippi?
Walmart in Mississippi Salaries
| Job Title | Location | Salary |
|---|---|---|
| Cashier salaries – 19 salaries reported | Mississippi | $12/hr |
| Walmart Cashier salaries – 16 salaries reported | Mississippi | $10/hr |
| Department Manager salaries – 15 salaries reported | Mississippi | $15/hr |
| Sales Associate/Cashier salaries – 15 salaries reported | Mississippi | $11/hr |
What is a living wage in Mississippi?
Living Wage Calculation for Mississippi
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $13.43 | $18.07 |
| Poverty Wage | $6.13 | $6.30 |
| Minimum Wage | $7.25 | $7.25 |
Where can you live for 500 a month?
5 Places to Retire for Under $500 per Month
- Leon, Nicaragua.
- Medellin, Colombia.
- Las Tablas, Panama.
- Chiang Mai, Thailand.
- Languedoc-Roussillon, France.
- Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
Is Mississippi a good state to live in?
Mississippi is a wonderful place to live. The state is filled with amazing cities that have topped national lists for things like livability, safety, job growth, and more.From beautiful scenery to amenities that can’t be beat, here are some of the best places to reside in Mississippi.
