CostIndexUSA

Jackson, MS vs Lynchburg, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostMS
Jackson
89
overall index
$1,500/mo rent
VA
Lynchburg
89.4
overall index
$1,300/mo rent

Jackson and Lynchburg have nearly identical costs of living.

Category Breakdown

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

🏠 Housing1.4%
Jackson
64.8
Lynchburg
63.9
🛒 Groceries+0.6%
Jackson
96.2
Lynchburg
96.8
🚗 Transportation+2.6%
Jackson
100.9
Lynchburg
103.5
🏥 Healthcare+2.6%
Jackson
91.3
Lynchburg
93.7
Utilities+12.4%
Jackson
78.1
Lynchburg
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Lynchburg, VA
$80,400
$400 more needed in Lynchburg

Formula: salary × (89.4 ÷ 89) = salary × 1.0045. 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×

Lynchburg, VA

Median Home Price
$277,000
Median Monthly Rent
$1,300
Housing Index
63.9
Price-to-Rent Ratio
17.8×

Jackson has 1.4% lower housing costs compared to Lynchburg.

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

Lynchburg, VA

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
2.9%
Population
82,168
Top Industries
HealthcareEducationManufacturingRetailGovernment

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)

Lynchburg, VA
4.3×income-to-rent ratio

77% 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.