Minnesota
High tax burden · COL index 95
Wins 4 categories
Mississippi
Moderate tax burden · COL index 82
Wins 9 categories
Minnesota's top income tax rate is 9.85% vs Mississippi's 4.7%. Cost of living in Minnesota (index 95) runs 16% higher than Mississippi (index 82). Property taxes are meaningfully different: Minnesota averages 1.02% annually vs Mississippi's 0.64%. The median home in Minnesota costs $335K vs $180K in Mississippi.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
4
Minnesota
9
Mississippi
Run the full slider tool to score these states against your specific income, home value, retirement, and lifestyle priorities.
Score For My Profile →People Also Ask
Is moving to Minnesota a good idea?
What are the pros and cons of living in Mississippi?
Why are people moving away from Mississippi?
The study also identified employment and family as the primary reasons Mississippians relocated. Among those leaving the state, 34% cited a new job or company transfer as their top motivation, while 27% said they moved to be closer to family.
What salary do I need to live in Minnesota?