CostIndexUSA

Jackson, MS vs New Haven, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMS
Jackson
89
overall index
$1,500/mo rent
CT
New Haven
104.6
overall index
$1,975/mo rent

Jackson is significantly cheaper than New Haven — 17.5% lower overall cost of living.

To match an $80,000 salary in Jackson, you would need $94,000 in New Haven. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+91.8%
Jackson
64.8
New Haven
124.3
🛒 Groceries+1.1%
Jackson
96.2
New Haven
97.3
🚗 Transportation+6.8%
Jackson
100.9
New Haven
107.8
🏥 Healthcare+6.8%
Jackson
91.3
New Haven
97.5
Utilities+85.4%
Jackson
78.1
New Haven
144.8

Salary Equivalency Calculator

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

$
Equivalent salary in New Haven, CT
$94,000
$14,000 more needed in New Haven

Formula: salary × (104.6 ÷ 89) = salary × 1.1753. 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×

New Haven, CT

Median Home Price
$386,000
Median Monthly Rent
$1,975
Housing Index
124.3
Price-to-Rent Ratio
16.3×

New Haven has 91.8% 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

New Haven, CT

Median Household Income
$80,700
Per Capita Income
$46,000
Unemployment Rate
4.2%
Population
130,250
Top Industries
EducationHealthcareManufacturingFinanceGovernment

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)

New Haven, CT
3.4×income-to-rent ratio

71% 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.