Median one-bedroom rent across the cities we track is $841 in Mississippi versus $764 in Wyoming. Overall, Wyoming runs roughly 9% cheaper on rent than Mississippi, its main day-to-day cost driver.
Median household income across tracked cities is $44,140 in Mississippi and $69,171 in Wyoming — about 36% 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
$841
$764
+9% in Mississippi
Median Home Value
$153,600
$302,200
+97% in Wyoming
Income (median across tracked cities)
Median Household Income
$44,140
$69,171
+57% in Wyoming
Climate (median across tracked cities)
Avg Annual Temperature
66.1°F
45.4°F
+20.7°F in Mississippi
Mississippi vs Wyoming — FAQ
- Is it cheaper to live in Mississippi or Wyoming?
- Wyoming is cheaper on rent — its median one-bedroom of $764 runs about 9% below Mississippi's $841, 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 $34,000 a year in Mississippi versus $31,000 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 3/3 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.