Cost of Living in Jackson, MS
Jackson has a cost of living index of 78 (100 = national average), making it significantly more affordable than the national average. The median household income is $34,870 and the median home price is $115,000.
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Jackson at a Glance
Population
153,701
Cost of Living Index
78
Median Income
$34,870
Median Home Price
$115,000
Property Tax Rate
1.16%
Sales Tax Rate
8.00%
Rent Index
55
State
Mississippi
Living in Jackson
Jackson offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $115,000 is well within reach for many families.
The combined sales tax rate in Jackson is 8.00%, and the effective property tax rate is 1.16%. Property taxes are close to the national average.