Mississippi
Moderate tax burden · COL index 82
Wins 7 categories
Tennessee
Low tax burden · COL index 92
Wins 8 categories
Tennessee has no state income tax. Mississippi's top rate is 4.7%. Cost of living in Tennessee (index 92) runs 12% higher than Mississippi (index 82). The median home in Tennessee costs $350K vs $180K in Mississippi.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
7
Mississippi
8
Tennessee
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 it better to live in Tennessee or Mississippi?
Lower Cost of Living In fact, the overall cost of living in Mississippi is 4.9% cheaper than in Tennessee, and residents of Mississippi may be able to take advantage of more affordable restaurants, groceries, and even property tax. Mississippi is a homestead state so property taxes tend to be lower.
What is the downfall of living in Tennessee?
Is moving to Mississippi a good idea?
What if I live in Mississippi but work in Tennessee?