Median one-bedroom rent across the cities we track is $816 in Mississippi versus $824 in Wyoming. Overall, Mississippi runs roughly 1% cheaper on rent than Wyoming, its main day-to-day cost driver.
Median household income across tracked cities is $43,238 in Mississippi and $77,176 in Wyoming — about 44% higher in Wyoming. Mississippi has a top state income tax rate of 4.00% and a 7% state sales tax; Wyoming has no state income tax and a 4% state sales tax.
State Taxes
Sales Tax
7%
4%
+3.0 pp in Mississippi
Income Tax (top rate)
4.00%
None
+4.0 pp in Mississippi
Housing (median across tracked cities)
Median 1BR Rent
$816
$824
+1% in Wyoming
Median Home Value
$108,200
$311,200
+188% in Wyoming
Income (median across tracked cities)
Median Household Income
$43,238
$77,176
+78% in Wyoming
Climate (median across tracked cities)
Avg Annual Temperature
65.3°F
46.5°F
+18.8°F in Mississippi
Mississippi vs Wyoming — FAQ
- Is it cheaper to live in Mississippi or Wyoming?
- Mississippi is cheaper on rent — its median one-bedroom of $816 runs about 1% below Wyoming's $824, based on the cities we track in each state.
- How much more do you need to earn to live in Mississippi than in Wyoming?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $33,000 a year in Mississippi versus $33,000 in Wyoming.
- Which has lower taxes, Mississippi or Wyoming?
- Mississippi has a top state income tax rate of 4.00% and a 7% state sales tax. Wyoming has no state income tax and a 4% state sales tax.
Housing, income, and climate are medians across the 1/1 cities we track in Mississippi/Wyoming — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.