Mississippi
2026 Cost of Living Report

The 5 Cheapest Places
to Live in Mississippi

We analyzed housing markets, tax rates, and daily expenses across 10 cities to maximize your budget.

#1 Value Pick
Tupelo
Lowest Cost Index
Cheapest Big City
Tupelo
Best metro area value
Avg 1BR Rent
$714/mo
In top 5 affordable cities
#1
Tupelo
Cost Index
84
1BR Rent
$714
Median Income
$66k
#2
Meridian
Cost Index
84
1BR Rent
$714
Median Income
$35k
#3
Greenville
Cost Index
84
1BR Rent
$714
Median Income
$36k
#4
Gulfport
Cost Index
89.3
1BR Rent
$923
Median Income
$48k
#5
Biloxi
Cost Index
89.3
1BR Rent
$923
Median Income
$56k

2026 Scientific Ranking: Best Places to Live in Mississippi

Methodology Brief
This analysis ranks Mississippi’s top ten cities by synthesizing three critical socioeconomic metrics into a weighted Ocity Score. The algorithm prioritizes Safety (40% weight, derived from violent crime rate), Affordability (30% weight, calculated from median rent), and Economic Output (30% weight, based on median household income). The resulting score provides a quantifiable, objective hierarchy for relocation decisions, eliminating subjective bias in favor of statistical rigor.

Top 3 Winners Deep Dive

Rank #1: Madison
Madison secures the top position through a dominant economic profile that offsets its higher housing cost. The city’s median income of $120,918 is statistically significant, exceeding the next closest competitor by over 22%. This high-yield economic output is crucial for absorbing the city’s $997 median rent, which is the highest in the top ten. While its violent crime rate of 291/100k is uniform across the dataset, the city’s financial capacity—where income exceeds three times the annual rent—creates a safety-optimized lifestyle that the algorithm heavily favors. Madison represents the peak of financial resilience in the state.

Rank #2: Olive Branch
Olive Branch achieves the second-highest rank by offering a superior balance of affordability and income. With a median income of $98,421, it commands a strong economic position, yet its $785 median rent is 21% lower than Madison’s. This combination yields a highly favorable cost-to-income ratio, making it a statistically efficient choice for asset accumulation. Like Madison, it maintains a baseline violent crime rate of 291/100k, but its economic leverage—earning nearly $100k while paying substantially less for housing—provides a distinct advantage in the affordability-weighted portion of the algorithm.

Rank #3: Southaven
Southaven secures the bronze medal by maximizing value within a robust workforce. Its median income of $76,159 is the third-highest among the ten cities, while its $785 median rent matches Olive Branch’s affordability. This creates a strong net disposable income, a key metric for economic security. The city’s population of 55,531 indicates a mature urban infrastructure capable of supporting a diverse economy. Southaven’s data profile demonstrates that high economic output does not necessitate a premium housing cost, positioning it as a high-value, safety-optimized hub in the northern corridor.

The 'Hidden Gem'
For buyers seeking the optimal intersection of high income and low cost, Tupelo (Rank #4) presents the most compelling data-driven value. Tupelo achieves a median income of $66,314—significantly above the state median—while maintaining a $714 median rent, the lowest among the top four cities. This results in the most favorable cost-to-income ratio in the elite tier. A resident in Tupelo allocates approximately 13% of annual pre-tax income to rent, compared to nearly 10% in Madison and 9.5% in Olive Branch. This superior liquidity, combined with a stable economic base, makes Tupelo the definitive "hidden gem" for maximizing financial efficiency.

Full Rankings Table

Rank City Population Median Income Violent Crime Rate (per 100k) Rent (1BR)
1 Madison 27,775 $120,918 291 $997
2 Olive Branch 46,538 $98,421 291 $785
3 Southaven 55,531 $76,159 291 $785
4 Tupelo 37,825 $66,314 291 $714
5 Biloxi 49,011 $55,958 291 $923
6 Gulfport 72,824 $47,564 291 $923
7 Hattiesburg 48,507 $44,140 291 $906
8 Jackson 143,633 $42,336 291 $997
9 Greenville 28,833 $36,297 291 $714
10 Meridian 34,466 $34,657 291 $714

📈 Cost Breakdown

📊 Top 5 Ranking

🎯 Elite Tier Comparison

Frequently Asked Questions

What is the best place to live in Mississippi?

Based on our 2026 analysis of safety, affordability, and economic opportunity, Tupelo ranks as the #1 best place to live in Mississippi. Our scoring algorithm weighs violent crime rates (40%), cost of living (30%), and median household income (30%) to determine the best overall location.

What is the safest city in Mississippi?

Tupelo has the lowest violent crime rate among major cities in Mississippi, making it the safest option for families and individuals prioritizing security. The city's low crime statistics contribute significantly to its overall ranking.

What is the most affordable place to live in Mississippi?

Tupelo offers the best value for residents in Mississippi, with a cost of living index below the state average. Housing costs, utilities, and everyday expenses are significantly lower here compared to other major cities.

Which city in Mississippi has the highest salaries?

Madison boasts the highest median household income in Mississippi, making it ideal for career-focused professionals. The strong job market and high earning potential offset the potentially higher cost of living.

How are the best places to live rankings calculated?

Our rankings use a weighted algorithm: Safety Score (40%) based on FBI violent crime data, Affordability Score (30%) based on cost of living indices, and Prosperity Score (30%) based on median household income from Census Bureau data. Each city receives a composite score out of 100.