CostIndexUSA

Jackson, MS vs Lansing, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMS
Jackson
89
overall index
$1,500/mo rent
MI
Lansing
95
overall index
$1,300/mo rent

Jackson is moderately cheaper than Lansing — 6.7% lower overall cost of living.

To match an $80,000 salary in Jackson, you would need $85,400 in Lansing. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+28.9%
Jackson
64.8
Lansing
83.5
🛒 Groceries2.6%
Jackson
96.2
Lansing
93.7
🚗 Transportation+3.6%
Jackson
100.9
Lansing
104.5
🏥 Healthcare+3.6%
Jackson
91.3
Lansing
94.6
Utilities+22.3%
Jackson
78.1
Lansing
95.5

Salary Equivalency Calculator

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

$
Equivalent salary in Lansing, MI
$85,400
$5,400 more needed in Lansing

Formula: salary × (95 ÷ 89) = salary × 1.0674. Based on BEA Regional Price Parities.

Housing Market

Jackson, MS

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

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Lansing has 28.9% higher housing costs compared to Jackson.

Income & Job Market

Jackson, MS

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

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

Affordability at a Glance

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

Jackson, MS
3.3×income-to-rent ratio

69% of income left after rent (median)

Lansing, MI
4.5×income-to-rent ratio

78% 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.