What Is a Good Salary in Mississippi?
A good salary in Mississippi is generally considered $46,000/year for a single person and $70,000/year for a family of four in 2026. The cost of living in Mississippi is significantly below the national average, with very affordable housing and daily expenses. Up to 5% state income tax.
The median household income in Mississippi is $45,792, meaning half of all households earn more than this and half earn less. A “good” salary typically means earning comfortably above the median and being able to save, invest, and enjoy discretionary spending without financial stress.
Good Salary Thresholds in Mississippi (2026)
| Situation | Minimum Comfortable | Good | Excellent |
|---|---|---|---|
| Single person | $34,500 | $46,000 | $64,399 |
| Couple (dual income) | $52,500 | $70,000 | $94,500 |
| Family of 4 | $63,000 | $80,500 | $108,500 |
Monthly Breakdown: Living on $46,000/Year in Mississippi
Here’s what your monthly finances might look like on $46,000/year in Mississippi:
| Item | Monthly Estimate |
|---|---|
| Gross Monthly Salary | $3,833 |
| Estimated Taxes (~25%) | -$958 |
| Estimated Take-Home | $2,875 |
| Average 1BR Rent in Mississippi | -$800 |
| Groceries (avg) | -$400 |
| Transportation | -$350 |
| Utilities & Internet | -$200 |
| Remaining (savings, fun, other) | $1,125 |
This illustrates why $46,000/year is a solid benchmark for comfortable living in Mississippi — it leaves room for both essentials and discretionary spending. However, Mississippi’s cost varies significantly between metro areas and rural communities.
Cost of Living in Mississippi: What to Know
Mississippi’s cost of living is significantly below the national average, with very affordable housing and daily expenses. Here are the key factors:
- Housing: Average 1-bedroom rent is approximately $800/month. Home prices vary widely — from $80,000 in rural areas to $320,000 in major metros.
- Taxes: Up to 5% state income tax.
- Transportation: Most residents own a car. Public transit is limited outside major cities.
- Healthcare: Healthcare costs vary by employer benefits. Uninsured costs are above average nationally.
Top Employers in Mississippi
The highest-paying jobs in Mississippi are concentrated with major employers including: healthcare, agriculture, Walmart logistics. These organizations consistently offer salaries at or above the state’s “good” threshold.
How to Know if Your Salary Is Good in Mississippi
A salary is generally “good” in Mississippi if it allows you to:
- Cover housing costs without spending more than 30% of gross income on rent/mortgage
- Build an emergency fund of 3–6 months of expenses
- Contribute 10–15% to retirement savings
- Afford transportation, food, healthcare, and some discretionary spending
- Pay off any debt within a reasonable timeframe
At $46,000/year single or $70,000/year for a family, these benchmarks are achievable in Mississippi.
High-Paying Jobs in Mississippi in 2026
If you’re looking to earn a “good” or “excellent” salary in Mississippi, these roles consistently pay well:
| Job Title | Average Salary in Mississippi |
|---|---|
| Software Engineer | $58,880 |
| Physician | $103,500 |
| Pharmacist | $58,880 |
| Product Manager | $63,480 |
| Data Scientist | $68,080 |
| Financial Advisor | $50,600 |
| Nurse (RN) | $37,720 |
| Civil Engineer | $45,080 |
Frequently Asked Questions
What is a good salary in Mississippi in 2026?
A good salary in Mississippi is approximately $46,000/year for a single professional or $70,000/year for a family. This allows comfortable living while saving for retirement and emergencies.
What is the median income in Mississippi?
The median household income in Mississippi is $45,792/year. Earning above this puts you in the upper half of income earners in the state.
Is $46,000 a good salary in Mississippi?
Yes — $46,000/year is considered a good salary for a single person in Mississippi. After taxes and typical living expenses, you would have meaningful room for savings and discretionary spending.
What salary do you need to live comfortably in Mississippi?
The minimum comfortable salary for a single person in Mississippi is approximately $34,500/year. Below that, living expenses can become tight depending on your city and lifestyle.
How does Mississippi’s cost of living compare to national average?
Mississippi’s cost of living is significantly below the national average, with very affordable housing and daily expenses.
Related Resources
Data Sources
Income and cost-of-living data from the Bureau of Labor Statistics, U.S. Census Bureau, and Glassdoor.