Mississippi
Moderate tax burden · COL index 82
Wins 7 categories
Tennessee
Low tax burden · COL index 92
Wins 6 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
6
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 cheaper to live in Mississippi or Tennessee?
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?
Hot, Humid Summers Summers in Tennessee can be extremely hot and humid, making outdoor activities uncomfortable. High temperatures often increase air conditioning costs, impacting monthly bills. For some, the intense summer heat is a drawback of living in Tennessee.
How much is $100,000 after taxes in Mississippi?
If you earn $100,000 per year in Mississippi, United States of America, you will pay $27,003 in taxes. Your net salary after tax in Mississippi, United States of America is $72,997 per year, or $6,083 per month.
Is moving to Mississippi a good idea?
Mississippi can be a great place to live for those who enjoy a slower pace and affordable living. Housing costs are low, and you'll find a lot of charm in small towns and tight-knit communities.