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Colorado

Moderate tax burden · COL index 110

Wins 6 categories

VS

Mississippi

Moderate tax burden · COL index 82

Wins 7 categories

Cost of living in Colorado (index 110) runs 34% higher than Mississippi (index 82). The median home in Colorado costs $545K vs $180K in Mississippi. Politically, Mississippi voted Republican in 2024 (R+17.0) while Colorado went Democratic (D+11.0).

Colorado
Mississippi

Taxes

4.4%
Income Tax (top rate)
4.7%
0.48%/yr
Property Tax Rate
0.64%/yr
7.76%
Sales Tax (avg)
7.07%
No
Social Security Tax
Yes
Yes
Estate Tax
Yes
As income
Capital Gains Tax
As income

Housing & Cost of Living

110
COL Index (100=avg)
82
$545K
Median Home Price
$180K
$1,850/mo
Median Rent (2BR/mo)
$950/mo
$3K/yr
Home Insurance (avg/yr)
$3K/yr

Crime & Safety

453
Violent Crime / 100K
283
2,859
Property Crime / 100K
2,080

Healthcare

#9 of 50
Healthcare Quality Rank
#47 of 50
78.8 yrs
Life Expectancy
71.9 yrs
7.4%
Uninsured Rate
16.8%
Yes
Medicaid Expansion
No

Education

#9 of 50
K-12 Quality Rank
#50 of 50
No
School Choice / Vouchers
Yes

Childcare

$1,600/mo
Avg Infant Care / mo
$700/mo

Utilities & Daily Costs

$130/mo
Avg Energy Bill / mo
$105/mo
$530/mo
Avg Groceries / mo
$380/mo
#30 of 50
Road Quality Rank
#19 of 50

Social Policy

A-
Gun Laws Grade
F
D+11.0
2024 Presidential Margin
R+17.0

Category wins

6

Colorado

7

Mississippi

Run the full slider tool to score these states against your specific income, home value, retirement, and lifestyle priorities.

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People Also Ask

Is Mississippi considered a good state to live in?

Is Colorado considered a good state to live in?

DENVER (KDVR) — Many Coloradans believe the Centennial State is the best place to live in the world, but studies suggest that other places in the U.S. may be better when it comes to livability. Still, Colorado remains one of the best states to live in, according to a new list published by the finance website WalletHub.

Is Colorado becoming unaffordable?

There is truly an affordability gap here in Northern Colorado. And one of the main reasons, between 2015 to 2025, home prices have jumped over 100%, somewhere between 100 to 200% in some areas. And rents went up as well, not nearly as much but still pretty significantly.

What are the pros and cons of moving to Mississippi?

The pros of living in Mississippi are low cost of living, tax benefits, warm climate, and friendly communities. The cons are hot, humid summers, limited access to specialized healthcare, and vulnerability to severe weather.

Full Colorado Profile →Full Mississippi Profile →

Your Priorities

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Quick Profiles

Dial in your priorities

Annual Income

$150K

Affects effective income tax rate

$0$500K$5M+

Retirement Savings

$0

Affects pension and SS tax burden

None$500K$10M+

Social Security

None

Annual Social Security benefit

None$150K/yr

My Property Is Worth

$400K

Affects property tax burden

Tax burden ↓$1M$50M+

Home Buying Budget

$400K

Compared to state median home price

Hard to find$250K$5M+

Monthly Rent Budget

Don't care

Compared to state median 2BR rent

Don't care$10K/mo

Job Market

Don't care

State unemployment and job growth

Don't careHot market

Airport Access

Don't care

Direct flight destinations from state hubs

Don't careMust have hub

City vs Country

Mid-size city

% urban population

Deep countryBig city

Sunshine

Don't care

Annual sunny days per state

Don't careMax sunshine

Food Scene

Don't care

Restaurants per 100K residents

Don't careWorld-class

Political Preference

Neutral

State's political lean

LiberalConservative

Gun Laws

Neutral

State gun law grade (Giffords)

Gun Control2A Freedom

Abortion Access

Neutral

State abortion access policy

Pro-ChoiceNeutralPro-Life

Community

None

Congregations per 100K residents

AvoidDon't careSeek

Sports & Entertainment

Don't care

Pro sports teams and major venues

Don't careMust have pro teams

Cannabis Laws

Neutral

State cannabis legality

Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral

% population 65+ (Census)

Young areaRetirement-heavy

Dating Market

Neutral

% adults never-married (Census)

Singles sceneFamily community

Safety / Low Crime

Don't care

Violent crime rate per 100K (FBI)

Don't careVery safe

School Quality

Don't care

K-12 rank (Education Week)

Don't careTop-ranked

Healthcare Access

Don't care

Healthcare system rank (Commonwealth Fund)

Don't careTop-ranked

Childcare Affordability

Don't care

Cost of living proxy for childcare affordability

Don't careMust be affordable