Cost of Living: Mississippi vs Missouri

Quick answer

Mississippi is cheaper for a single adult by about $196/month, mainly driven by rent.

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Snapshot

Comparison at a glance

Mississippi vs Missouri
  • Monthly difference
    $196/mo
    Mississippi saves vs Missouri
  • Housing difference
    $100/mo
    Mississippi cheaper on 1BR rent
  • Grocery difference
    $21/mo
    Mississippi has a lighter basket
  • Equivalent salary
    ≈ $80,500
    $75,000 in Mississippi → Missouri
  • Cheaper overall
    Mississippi
    ~8% lower single-adult budget
  • Affordability winner
    Mississippi
    Lower combined rent + essentials
Monthly budget

Side-by-side single-adult budget

Mississippi
Housing (rent + insurance)
$950
37%
Transportation
$403
16%
Groceries
$353
14%
Utilities & internet
$164
6%
Healthcare
$269
11%
Entertainment & dining
$185
7%
Misc & personal
$235
9%
Total: $2,559/mo
Missouri
Housing (rent + insurance)
$1,050
38%
Transportation
$427
15%
Groceries
$374
14%
Utilities & internet
$174
6%
Healthcare
$285
10%
Entertainment & dining
$196
7%
Misc & personal
$249
9%
Total: $2,755/mo
What this means in real life

The big differences between Mississippi and Missouri come down to rent and tax. Groceries, transport, and utilities are usually within 10–15%; housing can swing the total by hundreds of dollars per month.

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Side-by-side

Cost of Living Verdict

Six quick takes on where Mississippi and Missouri actually pull ahead.

  • Cheaper overall
    Mississippi

    Mississippi runs about $196/mo lower for a single-adult budget (~8% cheaper).

  • Better housing affordability
    Mississippi

    Average 1BR rent is $950 vs $1,050.

  • Better for families
    Mississippi

    Mississippi keeps the family-of-four monthly total lower thanks to cheaper 2BR rent and groceries.

  • Better for retirees
    Mississippi

    Mississippi combines lower rent and healthcare with a softer income-tax burden — easier on a fixed pension.

  • Better for remote workers
    Mississippi

    Mississippi has a lower cost index (84 vs 89), so an out-of-state salary stretches further.

  • Better purchasing power
    Missouri

    Missouri has a stronger median-income-to-cost ratio — local wages cover more of the typical basket.

In practice

What this difference means in practice

The headline gap broken into the four buckets that actually move household budgets.

  • Housing impact

    Mississippi runs about 11% cheaper on housing than Missouri — noticeable, but not a deciding factor on its own.

  • Daily spending

    Mississippi runs about 6% cheaper on groceries than Missouri — noticeable, but not a deciding factor on its own.

  • Transport & utilities

    Mississippi runs about 6% cheaper on transport + utilities than Missouri — noticeable, but not a deciding factor on its own.

  • Lifestyle

    Mississippi runs about 6% cheaper on lifestyle (dining + extras) than Missouri — noticeable, but not a deciding factor on its own.

Purchasing power

Purchasing power snapshot

Which region stretches a dollar further, category by category.

  • Housing
    moderate advantage
    Mississippi

    Mississippi is the cheaper place to rent or own.

  • Groceries
    slight advantage
    Mississippi

    Weekly grocery basket is lighter in Mississippi.

  • Utilities
    slight advantage
    Mississippi

    Lower monthly utility load in Mississippi.

  • Transport
    slight advantage
    Mississippi

    Cheaper commuting overall in Mississippi.

  • Healthcare
    slight advantage
    Mississippi

    Lower out-of-pocket healthcare in Mississippi.

  • Lifestyle
    slight advantage
    Mississippi

    Dining, entertainment, and extras are cheaper in Mississippi.

By household

Who benefits more?

The same comparison reads very differently depending on the household.

  • Families
    Mississippi

    Lower 2BR rent and grocery load make Mississippi the easier family budget.

  • Singles
    Mississippi

    Cheaper 1BR rent and entertainment costs tilt to Mississippi.

  • Retirees
    Mississippi

    Mississippi eases housing and healthcare — important on a fixed income.

  • Remote workers
    Mississippi

    An out-of-state salary stretches further in Mississippi thanks to a lower cost index.

  • Students
    Mississippi

    Lower rent and commuting costs make Mississippi easier on a tight student budget.

  • High earners
    Missouri

    Missouri blends a more efficient tax load with stronger local incomes.

Equivalency

Equivalent lifestyle salary

How much you'd need in Missouri to match the lifestyle a given salary buys in Mississippi.

$50,000 in Mississippi
$54,000

needed in Missouri for the same lifestyle.

$75,000 in Mississippi
$80,500

needed in Missouri for the same lifestyle.

$100,000 in Mississippi
$107,500

needed in Missouri for the same lifestyle.

Housing

Housing affordability

Mississippi
1BR rent
$950
2BR rent
$1,100
Missouri
1BR rent
$1,050
2BR rent
$1,250

Mississippi is noticeably more affordable on rent — about $100/mo cheaper for a 1BR.

Ownership affordability follows the same shape: lower rents typically signal more attainable mortgage payments at similar incomes.

By category

Category-by-category

CategoryMississippiMissouriLower
Housing (1BR rent)$950$1,050Mississippi
Groceries$353$374Mississippi
Utilities$164$174Mississippi
Transportation$403$427Mississippi
Healthcare$269$285Mississippi
Top income tax0.0%0.0%Tied
Lifestyle (dining + extras)$420$445Mississippi
FAQ

Comparison FAQ

Is Mississippi more expensive than Missouri?
Missouri is roughly 8% more expensive than Mississippi for a single-adult monthly budget — about $196 more per month.
How much salary do I need to move from Mississippi to Missouri?
If $100,000 supports your lifestyle in Mississippi, you'd need roughly $107,500 in Missouri to maintain the same purchasing power.
Which region offers better affordability?
Mississippi comes out lower on the combined single-adult budget — about $196/mo cheaper than Missouri.
Is housing significantly cheaper in one of them?
Mississippi is noticeably more affordable on rent — about $100/mo cheaper for a 1BR.
Can a remote worker benefit from moving?
Yes — a remote salary anchored to Missouri rates stretches further in Mississippi, where local prices and taxes are lower.
What income is considered comfortable in Missouri?
Roughly $53,000/yr gross typically supports a comfortable single-adult lifestyle in Missouri, leaving room for savings on top of monthly costs.
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These estimates are approximate and may vary by city, taxes, rent, family size, and personal spending. Use them as a starting point, not a substitute for personalised financial or tax advice.