How Much Money Do You Need To Live In Mississippi?

Typical Expenses

How much money do you need to live comfortably in Mississippi?

Mississippi has the lowest cost of living in the United States. On average, a single adult only needs about $32,500 annually to live comfortably.

How much does it cost to live in Mississippi?

The cost of living in Mississippi is 16% lower than the national average. Housing is 34% lower than the national average, while utilities are 9% lower. When it comes to basic necessities such as food and clothing, groceries are around 9% lower than in the rest of the country, while clothing costs 9% lower.

How much does it cost to live in Mississippi per month?

The cost of living in Mississippi is $1752, which is 1.1 times less expensive than the average in the United States.
Cost of Living in Mississippi.

Is it cheap to live in Mississippi?

According to a study done by CNBC, Mississippi ranks number one as the cheapest state to live in over the past year. The study gave Mississippi the highest 2022 cost of living score out of all 50 states.

Is $15 an hour good in Mississippi?

In Mississippi, the state with the lowest average family expenses, it would take 72 full workweeks at $15 an hour to cover expenses, and the state’s current minimum wage is only $7.25 an hour.

What is a good hourly wage in Mississippi?

$28.94 is the 75th percentile. Wages above this are outliers. $35.88 is the 90th percentile.

Which is the cheapest state to live?

Mississippi
As of August 2022, Mississippi is the least expensive state to live in, according to worldpopulationreview.com. The Magnolia State has a cost of living index of 83.3.

Where is it cheapest to live in Mississippi?

Clarksdale. Clarksdale is the most affordable city in Mississippi. It is the birthplace of blues and rock ‘n’ roll which means you won’t have to go far to enjoy the diverse sounds of music. In fact, Clarksdale features live music seven nights a week.

Is it worth moving to Mississippi?

The state’s low cost of living, low cost of education, and low housing costs make it one of the best places for anyone seeking to enjoy big city life while living rurally. All of that makes moving to Mississippi such a great idea.

Why is everything so cheap in Mississippi?

“There’s pretty much no place where you can by stuff for cheaper than Mississippi,” Cole said. “Land and shipping and oil, all of them are plentiful in Mississippi and that’s what drives the cheaper general price of goods.”

What’s the average cost of rent in Mississippi?

How Mississippi State Compares to Other Cities

What are the cons of living in Mississippi?

Disadvantages Of Living In Mississippi

• Extreme weather.
• Low-quality education.
• Lackluster economy.
• Poor quality of health care.
• Lack of diversity and acceptance of change.

What’s the poorest state in Mississippi?

Mississippi is the poorest state in the United States of America, with a per capita income of $20,670 (2012).
Mississippi counties ranked by per capita income.

What part of Mississippi is best to live in?

Here are some of the best places to live in Mississippi.

• Hattiesburg. Nicknamed “The Hub City,” Hattiesburg is the cultural, shopping and health care center for residents throughout southern Mississippi.
• Southaven.
• Biloxi.
• Oxford.
• Jackson.
• Flowood.
• Meridian.
• Vicksburg.

How much is a loaf of bread in Mississippi?

Food prices

What is the lowest paying job in Mississippi?

Detailed List Of The Lowest Paying Jobs In Mississippi

What state has lowest minimum wage?

Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Two states, Georgia and Wyoming, have a minimum wage below $7.25 per hour. In all seven of these states, the federal minimum wage of $7.25 per hour applies.

Is 30k a year poverty?

No, $30,000 is not a good salary for a family with the cost of living in the United States. The poverty line for a family with four members is $26,200.

Is $15 an hour livable?

While these wage hikes are necessary and a step in the right direction, $15 an hour is not a living wage for most Americans.

What states pay $15 an hour?

How Many States Have a $15 Minimum Wage?

• Minimum Wage Management. Simplified.
• Early 2022 State Minimum Wage Rates.
• California. Long a pacesetter for employment law across the U.S., California marks the first state to reach the $15 threshold.
• Connecticut.
• Delaware.
• Florida.
• Hawaii.
• Illinois.