Cost of Living in Mississippi

Cost Guide for Mississippi

Mississippi, known for its Southern charm and rich history, offers a relatively affordable cost of living compared to many other states in the US. If you are considering a move to Mississippi or just want to get an idea of living costs in the region, this guide will provide you with detailed insights into various aspects of expenditure in the state.

Housing Costs

The cost of housing in Mississippi varies depending on the region. In cities like Jackson, the capital, you can expect to pay around £600-£900 per month for a one-bedroom apartment in the city center. Moving to smaller towns or rural areas can significantly reduce this cost, often ranging from £400 to £600 for the same type of accommodation.

Data/SIM Costs

For mobile services in Mississippi, you can expect to pay around £40-£60 per month for a SIM plan with unlimited calls and texts and a decent amount of data. Providers like AT&T, Verizon, and T-Mobile offer reliable coverage across the state.

Food Costs

Groceries

The cost of groceries in Mississippi is relatively lower compared to the national average. A standard weekly grocery shop for a single person can range from £30 to £50, depending on your dietary preferences and shopping habits.

Dining Out

If you enjoy dining out occasionally, a meal at an inexpensive restaurant in Mississippi can cost around £8-£15, while a three-course meal for two at a mid-range restaurant may set you back around £40-£60.

Transport Costs

Car Ownership

Owning a car is almost a necessity in most parts of Mississippi due to limited public transportation options. The average cost of gasoline is around £2 per gallon, and car insurance can range from £600 to £1,200 annually, depending on various factors like driving record, age, and location.

Public Transportation

Public transport options are limited in Mississippi, especially outside major cities. However, cities like Jackson offer bus services with fares starting at around £1.50 per trip.

Coworking Rates

For those who require a workspace outside their home, coworking spaces are becoming increasingly popular in Mississippi. The average monthly cost for a coworking desk in cities like Jackson or Biloxi ranges from £100 to £200, depending on the facilities and location.

Lifestyle Expenses

Entertainment

Mississippi offers a range of affordable entertainment options, such as visiting state parks, museums, and attending local events. Movie tickets cost around £8-£10, and a gym membership can range from £20 to £50 per month.

Utilities

The average cost of utilities (electricity, heating, cooling, water, and garbage) for a one-bedroom apartment in Mississippi is approximately £100-£150 per month.

Healthcare

Healthcare costs in Mississippi can vary based on factors like insurance coverage and the type of medical services required. Residents can access healthcare through private providers, community health centers, and hospitals. The cost of a routine doctor's visit can range from £60 to £100, while health insurance premiums vary depending on the coverage level and provider.

Regional Differences

Mississippi's cost of living can vary significantly between regions. The coastal areas, such as Biloxi and Gulfport, tend to have higher housing costs due to their proximity to the beach and tourist attractions. In contrast, rural areas in the northern part of the state may offer more affordable housing options but fewer amenities and job opportunities.

Budget Tiers

Based on the average costs mentioned above, we can categorize budget tiers for living in Mississippi as follows:

1.

Basic Budget

£1,000-£1,500 per month - Rent: £400-£600 - Food: £250-£350 - Transportation: £100-£200 - Healthcare and other expenses: £250-£350

2.

Moderate Budget

£1,500-£2,500 per month - Rent: £600-£900 - Food: £300-£450 - Transportation: £150-£300 - Healthcare and other expenses: £450-£850

3.

Comfortable Budget

£2,500+ per month - Rent: £900+ - Food: £450+ - Transportation: £300+ - Healthcare and other expenses: £850+

In conclusion, Mississippi offers a cost-effective living environment for residents and newcomers alike. By understanding the average costs of housing, food, transportation, healthcare, and other essentials, you can better plan your budget and lifestyle in the Magnolia State. Keep in mind that these figures are approximate and may vary based on individual preferences and circumstances.