7 Most Affordable Places to Live in Mississippi

Welcome, y’all. In a world where the cost of living seems to rise daily, the Magnolia State stands out as a beacon of affordability and Southern charm. Mississippi offers a pace of life that’s a little slower, a community that feels a little closer, and a price tag that’s a lot easier on your wallet. This isn’t just about low numbers on a spreadsheet; it’s about finding a place where you can build a rich life without stretching your budget to its limits.

This guide moves past the stereotypes to provide a detailed, data-driven analysis of the most affordable places to call home in Mississippi. We’ve crunched the numbers on housing, jobs, safety, and schools to find communities that offer the best value for your money. From the riverfront charm of Natchez to the college town energy of Hattiesburg, these seven cities represent the best blend of low cost and high quality of life in the Heart of the South.

I. The Methodology

Our selection of these seven cities wasn’t arbitrary. We used a weighted criterion system that prioritizes the key metrics most important to individuals and families looking to put down roots. Our goal was to find places that offer a true balance of affordability, opportunity, and community, not just the absolute cheapest sticker price.

A. Housing & Affordability (30%): This is the biggest factor for most people. We analyzed median home prices, average monthly rent, and overall cost of living compared to state and national averages.

B. Employment & Economy (25%): A low cost of living means little without opportunity. This metric evaluates the local job market, major employers, economic diversity, and income levels.

C. Safety & Community (20%): Feeling safe and secure is a fundamental need. We assessed violent and property crime rates, as well as community initiatives and overall resident sentiment.

D. Education (15%): For families, schools are a top priority. This factor looks at public school district ratings, access to specialized programs, and proximity to higher education institutions.

E. Quality of Life (10%): These are the “soft metrics” that make a place special. We considered access to parks, recreational facilities, cultural attractions, and the overall character of each city.

Our data comes from verified 2025 sources, including the U.S. Census Bureau, Zillow, the Bureau of Labor Statistics, and the Mississippi Department of Education. By laying out our facts transparently, we aim to give you a solid foundation for making your relocation decision.

Seven Cities, One State: A Quick Comparison Table

To help you compare these affordable options at a glance, here’s a snapshot of the most critical data. The cities are ranked by their overall affordability, with number one being the most budget-friendly.

Related article

Moving to Mississippi: THE Complete Relocation Guide & Checklist

Mississippi offers a unique blend of Southern charm, rich history, and an exceptionally affordable lifestyle, consistently ranking among the most budget-friendly states. This guide provides essential information for relocating to The Magnolia State, covering living costs, the job market, desirable places to live, and integration tips…

II. Detailed City-by-City Analysis: Seven Affordable Oases

1. Tupelo: The Affordable Hub of North Mississippi

A. Cost of Living & Housing
Tupelo is a standout for affordability. The median home value is a remarkably low $178,500, and renters can find places for a median of $825 per month. The overall cost of living sits 25% below the national average, giving residents significant financial breathing room.

B. Economy & Job Market
As the regional economic hub, Tupelo is home to major employers like North Mississippi Medical Center, one of the largest rural hospitals in the country, and Toyota Mississippi. The unemployment rate is a low 3.8%, reflecting a stable and diverse job market for a city of its size.

C. Education
The Tupelo Public School District is consistently ranked among the best in the state, a major draw for families. It offers advanced placement and specialized arts programs. Higher education opportunities are available at Itawamba Community College’s Tupelo campus.

D. Safety & Community
Tupelo boasts crime rates that are below state averages. Community initiatives are strong, with residents taking pride in their city’s status as the birthplace of Elvis Presley, which fosters a unique and cohesive local identity.

E. Quality of Life & Culture
From the Elvis Presley Birthplace to the BancorpSouth Arena hosting concerts and events, Tupelo punches above its weight in cultural offerings. The city has an extensive park system, including the Tupelo Buffalo Park and Zoo, providing plenty of family-friendly recreation.

Related article

The Pros and Cons of Living in Mississippi

Mississippi offers low living costs, Southern hospitality, and a rich cultural heritage. This guide explores the pros and cons of relocating, from limited job markets to strong community ties. It also highlights the best cities for young professionals, families, and retirees — ranked by livability to help you make an informed decision…

2. Greenville: The Queen City of the Delta

A. Cost of Living & Housing
Greenville offers some of the most affordable housing in the state, with a median home price of $125,000 and a median rent of just $750. This incredible affordability is its biggest draw, with a cost of living 24% below the national average.

B. Economy & Job Market
Situated on the Mississippi River, Greenville’s economy has deep roots in agriculture and river commerce. While it faces economic challenges and a higher-than-average unemployment rate of 6.5%, it remains a crucial hub for the Delta region. Efforts in downtown revitalization are slowly creating new opportunities.

C. Education
The Greenville Public School District faces challenges common to the region but is home to dedicated teachers and community support programs. Washington School provides a private option. Higher education is available at Delta State University in nearby Cleveland.

D. Safety & Community
Greenville struggles with higher crime rates compared to national averages. However, the community is tight-knit, with a rich cultural history, particularly in blues music, that fosters a strong sense of local pride.

E. Quality of Life & Culture
Greenville’s location on the river provides a beautiful backdrop and opportunities for boating and fishing. The city hosts the annual Mississippi Delta Blues & Heritage Festival and has a historic downtown area that showcases its unique Delta culture.

Related article

The 5 Best Places to Live in Mississippi

Mississippi offers captivating contrasts — blues music, modern industry, white-sand beaches, and rolling hills. This guide explores the best places to live in Mississippi, from historic Jackson to coastal Gulfport and intellectual Oxford, helping you discover unique personalities, economies, and lifestyles in the affordable Magnolia State…

3. Meridian: The Historic Crossroads

A. Cost of Living & Housing
Meridian is another highly affordable option, with a cost of living 22% below the U.S. average. The median home value is $142,250, and the average rent is $795, making homeownership and renting accessible for many budgets.

B. Economy & Job Market
Healthcare is the cornerstone of Meridian’s economy, with Anderson Regional Medical Center and Rush Health Systems among the top employers. The city is also a logistics hub, thanks to its location at the intersection of major highways I-20 and I-59. The unemployment rate is around 4.5%.

C. Education
The Meridian Public School District is undergoing improvements, with several schools showing promising growth. The district offers career and technical education pathways. Meridian Community College offers two-year degrees and workforce training.

D. Safety & Community
Like many urban centers, Meridian has neighborhoods with higher crime rates, but overall, the city is actively working on public safety initiatives. The community is historic and family-oriented, with many residents having deep roots in the area.

E. Quality of Life & Culture
Meridian is rich in history and architecture. The MSU Riley Center offers performing arts and entertainment. The city boasts an impressive array of parks, including Bonita Lakes Park, with over 3,000 acres of hiking trails and fishing lakes.

Related article

22 Fun Things to do in Hattiesburg, Mississippi

In this place, friendly hospitality reigns supreme, and the sun shines hot during summer. It’s also a state that many people are attracted to due to its culture, natural beauty, and affordability. Living in Mississippi is 16% less costly than the national average, with housing averaging about 34% lower. That’s a real bargain for such a beautiful place…

 

4. Hattiesburg: The Hub City

A. Cost of Living & Housing
Hattiesburg offers a great balance of amenities and affordability. With a cost of living 18% below the national average, the median home price is $195,000, and rent averages $925. This provides excellent value for a city with two universities and a thriving medical community.

B. Economy & Job Market
As “The Hub City,” Hattiesburg is a center for education, healthcare, and commerce. Top employers include the University of Southern Mississippi, Forrest General Hospital, and Sanderson Farms. The economy is diverse and stable, with an unemployment rate of 3.9%.

C. Education
The Hattiesburg Public School District has seen significant improvements and is rated among the better districts in the state. The presence of USM and William Carey University provides exceptional access to higher education and cultural events.

D. Safety & Community
Hattiesburg’s crime rates are on par with state averages. The large student population creates a youthful, energetic vibe, while long-term residents contribute to a strong sense of community. Neighborhoods like Oak Grove are known for their family-friendly atmosphere.

E. Quality of Life & Culture
You’ll never run out of things to do in Hattiesburg. From USM football games to the Hattiesburg Zoo and the Longleaf Trace biking trail, the city is packed with activities. A vibrant downtown features local restaurants, shops, and live music.

Related article

The 11 Best Beaches in Mississippi Should Be on Your Bucket List

The diverse array of beaches on the Mississippi coast has something for everyone. We’ll explore some of the best things about the beaches in Mississippi. Below, check out the top 11 of the most popular beaches in Mississippi and what makes each one unique…

5. Oxford: The Cultural Jewel

A. Cost of Living & Housing
Oxford is the premium option on our list. Its desirability drives prices higher than the Mississippi norm, with a median home value of $325,000. However, its cost of living is still 15% below the national average, making it a relative bargain for the culture and prestige it offers.

B. Economy & Job Market
The economy is dominated by the University of Mississippi (“Ole Miss”), which provides stable employment. The city also has a growing literary and arts scene, attracting tourism and supporting local businesses. Unemployment is very low at 3.2%.

C. Education
Oxford is home to one of the state’s top-performing public school districts, Oxford School District. Of course, it’s also home to Ole Miss, the state’s flagship university that offers world-class education and popular SEC athletic events.

D. Safety & Community
Oxford is consistently ranked as one of the safest cities in Mississippi. The community is a blend of university intellectuals, successful professionals, and students, creating a sophisticated and engaging environment.

E. Quality of Life & Culture
Life in Oxford revolves around its picturesque square, lined with independent bookstores, award-winning restaurants, and art galleries. It’s a haven for writers and artists, famously the home of William Faulkner. The cultural offerings here are unmatched by any other city of its size.

Related article

30 Best Packing Tips for Moving to a New City

How do you get everything safely from Point A to Point B on a tight schedule? With a lot of planning. Here are our best tips to make the process of moving to a new city as smooth as possible…

6. Starkville: Mississippi’s Rising Star

A. Cost of Living & Housing
Starkville offers a cost of living 21% below the national average. The median home price is $235,000, reflecting the city’s growth and desirability. Renting is more accessible, with a median of $875 per month.

B. Economy & Job Market
Mississippi State University is the undeniable engine of Starkville’s economy, providing jobs and fostering innovation, particularly in the agriculture and engineering fields. The university’s research park attracts tech and aerospace companies, diversifying the job market. Unemployment is a low 3.5%.

C. Education
The Starkville-Oktibbeha Consolidated School District is strong and benefits from its partnership with MSU. The university itself provides STEM education and research opportunities that are a huge asset to the community.

D. Safety & Community
Starkville is a very safe city, with crime rates well below national averages. The community is defined by its passionate support for the Mississippi State Bulldogs, creating a fun and spirited atmosphere, especially on football Saturdays.

E. Quality of Life & Culture
As a college town, Starkville is vibrant and energetic. The Cotton District is a unique and charming neighborhood with popular restaurants and bars. The city offers excellent parks, a strong public arts program, and easy access to the Noxubee National Wildlife Refuge.

Related article

15 Things People Usually Forget When Moving

Whether or not you decide to hire a professional moving company, this guide includes everything you need for completing your move. It’s always best to have this list handy so you can check off each task and know that you’re on top of everything…

7. Natchez: Where History Lives

A. Cost of Living & Housing
Natchez is incredibly affordable, with a cost of living 23% below the U.S. average. The median home price is $155,000, and many historic properties are available. Rent is the lowest on our list at a median of $700 per month.

B. Economy & Job Market
Natchez’s economy is driven by tourism, thanks to its impeccably preserved pre-Civil War architecture and history. Major employers include the Grand Casino Natchez and various healthcare providers. The city faces economic challenges, with an unemployment rate of 5.8%.

C. Education
The Natchez-Adams School District faces significant challenges. However, the city is home to Copiah-Lincoln Community College’s Natchez campus, which provides local access to higher education and vocational training.

D. Safety & Community
Natchez has a higher crime rate than the national average, a factor potential residents should research by neighborhood. The community is deeply connected to its history, with many families having lived in the area for generations. The social scene often revolves around historic preservation and community events.

E. Quality of Life & Culture
Life in Natchez is steeped in history and natural beauty. The Natchez Trace Parkway offers unparalleled biking and driving scenery. The city is famous for its annual Spring and Fall Pilgrimages, where dozens of historic homes open their doors to tourists. It’s a peaceful, picturesque place to live.

III. A Relocation Checklist for Your New Mississippi Home

Moving to a new state is a big step. Being prepared can make all the difference for a smooth transition. Here’s a concise checklist for your move to Mississippi:

1. Financials: Understanding the Tax Burden: Mississippi has a graduated state income tax, ranging from 4% to 5%. However, it offers some of the lowest property tax rates in the nation, which can be a significant saving for homeowners. Be sure to budget for both when planning your move.
2. Legal & Administrative: New residents must obtain a Mississippi driver’s license and register their vehicle within 60 days of establishing residency. Gather your out-of-state license, proof of Mississippi insurance, vehicle title, and two proofs of residency before visiting the Department of Public Safety.
3. Utilities & Climate: Mississippi has a humid subtropical climate. Summers are hot and humid, making air conditioning a necessity—and a significant part of your summer utility bill. Winter is mild, so heating costs are generally low. Plan your budget for higher electricity usage from June through September. Severe weather is a factor when living in Mississippi, and residents must be prepared for hurricane season from June through November and should be prepared for severe thunderstorms and tornadoes throughout the year. 
4. Lifestyle & Integration: The best way to know if a place is right for you is to visit. Take a trip to your top city choices to get a feel for the community, pace of life, and culture. Mississippians are known for their Southern hospitality; don’t be afraid to strike up a conversation with locals to learn more.

Conclusion: Your Home in the Magnolia State

The cities highlighted in this report prove that you don’t have to sacrifice quality of life for affordability. From the economic stability of Tupelo to the historic charm of Natchez and the intellectual buzz of Oxford, each city offers a unique value proposition. The right choice for you isn’t just about the lowest cost—it’s about finding the community that best fits your lifestyle, career goals, and family needs.

This data-driven guide provides the foundation for an informed decision, but we always recommend visiting and doing your own research. Mississippi offers a chance to slow down, connect with your neighbors, and build a future without financial strain.

FAQs About the Most Affordable Cities to Live in Mississippi

1. How does Mississippi’s tax structure affect affordability?
Mississippi has a graduated state income tax (4%-5%), which is lower than most states. This is balanced by some of the lowest property tax rates in the U.S. Sales tax is a mixed bag; while the state rate is a manageable 7%, local additions can push it over 8% in some areas. Overall, the tax burden is relatively light compared to the national average.

2. How do I compare school districts in Mississippi?
The Mississippi Department of Education assigns A-F accountability ratings to schools and districts. This is a good starting point. However, also look at individual school ratings on sites like Niche, review student-teacher ratios, and explore special programs offered. For a deeper dive, consider the pros and cons of living in a neighboring state like Tennessee or Alabama for comparison.

3. Is crime a big issue in Mississippi’s most affordable cities?
Safety varies greatly by city and even by neighborhood within a city. Generally, smaller towns and suburbs have lower crime rates. Cities like Oxford and Starkville have excellent safety records. As with any move, researching specific neighborhoods is crucial. Websites like NeighborhoodScout can provide detailed crime data.

4. What’s the climate and lifestyle like in Mississippi?
Expect hot, humid summers and mild, short winters. Spring and fall are pleasant but hurricanes and severe weather are considerations when living in Mississippi.The lifestyle is generally slower-paced and community-oriented. Outdoor activities like fishing, hunting, and boating are hugely popular due to the state’s abundant rivers, lakes, and wildlife management areas.

5. What are the biggest hidden costs of moving to Mississippi?
Key considerations are higher summer utility bills due to air conditioning needs, potentially higher insurance costs (especially auto), and the state income tax if you’re moving from a state without one. While property taxes are low, it’s important to factor them into your overall housing budget.