CostIndexUSA

Champaign, IL vs Jackson, MS Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Champaign
92.7
overall index
$1,275/mo rent
More AffordableMS
Jackson
89
overall index
$1,500/mo rent

Jackson is slightly cheaper than Champaign — 4.0% lower overall cost of living.

To match an $80,000 salary in Champaign, you would need $76,800 in Jackson. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing9.5%
Champaign
71.6
Jackson
64.8
🛒 Groceries+2.8%
Champaign
93.6
Jackson
96.2
🚗 Transportation3.5%
Champaign
104.6
Jackson
100.9
🏥 Healthcare3.5%
Champaign
94.6
Jackson
91.3
Utilities13.7%
Champaign
90.5
Jackson
78.1

Salary Equivalency Calculator

Enter your current salary in Champaign to see what you'd need to earn in Jackson to maintain the same purchasing power.

$
Equivalent salary in Jackson, MS
$76,800
$3,200 less needed in Jackson

Formula: salary × (89 ÷ 92.7) = salary × 0.9601. Based on BEA Regional Price Parities.

Housing Market

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Jackson, MS

Median Home Price
$205,000
Median Monthly Rent
$1,500
Housing Index
64.8
Price-to-Rent Ratio
11.4×

Champaign has 9.5% lower housing costs compared to Jackson.

Income & Job Market

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

Jackson, MS

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
153,701
Top Industries
GovernmentHealthcareRetailManufacturingEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Champaign, IL
4.1×income-to-rent ratio

75% of income left after rent (median)

Jackson, MS
3.3×income-to-rent ratio

69% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.