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Mississippi vs Vermont Cost of Living

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vs

Purchasing power

Your $75,000 is worth different amounts in each state

$87,209

in Mississippi

$66,079

in Vermont

Mississippi
Vermont

Each cell = 1% of purchasing power. Green = value, red = gap.

Spending breakdown

Estimated annual spending on a $75,000 salary

Housing: $17,721 (23.6%)Groceries: $9,311 (12.4%)Utilities: $4,694 (6.3%)Transportation: $10,596 (14.1%)Healthcare: $5,658 (7.5%)Dining & Misc: $6,885 (9.2%)Savings: $9,750 (13.0%)Discretionary: $10,385 (13.8%)Mississippi$87,209Mississippi
Housing: $31,928 (42.6%)Groceries: $10,286 (13.7%)Utilities: $5,959 (7.9%)Transportation: $12,396 (16.5%)Healthcare: $6,708 (8.9%)Dining & Misc: $7,973 (10.6%)Savings: $9,750 (13.0%)Vermont$66,079Vermont
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$175,000vs$370,000
Mississippi
Vermont
111% more
Avg 2BR rent$1,002/movs$1,806/mo
Mississippi
Vermont
80% more
Groceries
Index
Mississippi
Vermont
10% more
Transportation
Regular gas$3.05/galvs$3.44/gal
Mississippi
Vermont
13% more
Utilities
Electric bill$97/movs$163/mo
Mississippi
Vermont
68% more
Healthcare
Index
Mississippi
Vermont
19% more
Childcare
Infant childcare$6,868/yrvs$18,836/yr
Mississippi
Vermont
174% more

Category breakdown

Category Mississippi Vermont Difference
Housing 71.6 129.0 -44%
Groceries 95.5 105.5 -9%
Utilities 89.4 113.5 -21%
Transportation 88.3 103.3 -15%
Healthcare 94.3 111.8 -16%
Dining & Misc 91.8 106.3 -14%
Overall 86.0 113.5 -24%

Index values relative to national average (100). Positive difference = more expensive in Mississippi.

What things actually cost

Item Mississippi Vermont Difference
Median home price $175,000 $370,000 $195,000
Average 2BR rent $1,002/mo $1,806/mo $804
Gas price $3.05/gal $3.44/gal $0.39
Electric bill $97/mo $163/mo $66
Infant childcare $6,868/yr $18,836/yr $11,968

Salary equivalent: Mississippi → Vermont

What a Mississippi salary buys you in Vermont, adjusted for cost of living.

Salary in Mississippi Equivalent in Vermont Difference
$50,000 $65,988 $-15,988
$75,000 $98,983 $-23,983
$100,000 $131,977 $-31,977
$150,000 $197,965 $-47,965
$200,000 $263,953 $-63,953

Positive = your money goes further in Vermont. Based on overall COL index ratio.

Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.

Overview

Vermont is 24% more expensive than Mississippi overall. Vermont has an index of 113.5 vs 86 for Mississippi (national average = 100).

FAQ

Is it cheaper to live in Mississippi or Vermont?

Mississippi is cheaper to live in. Vermont is 24% more expensive overall. The biggest driver is housing — median home prices are $175,000 in Mississippi vs $370,000 in Vermont.

Is Mississippi cheaper than Vermont?

Yes, Mississippi is 24% cheaper than Vermont overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.

Is Vermont more expensive than Mississippi?

Yes, Vermont is 24% more expensive than Mississippi based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

What salary in Vermont equals $100,000 in Mississippi?

To maintain the same purchasing power as a $100,000 salary in Mississippi, you would need approximately $131,977 in Vermont. This is based on the overall cost-of-living index (86 vs 113.5).

How do housing costs compare between Mississippi and Vermont?

Housing is significantly cheaper in Mississippi. Median home prices are $175,000 in Mississippi vs $370,000 in Vermont — a $195,000 difference. Average 2-bedroom rent is $1,002/mo vs $1,806/mo.

What costs more in Mississippi vs Vermont?

Housing is 44% lower in Mississippi (index 71.6 vs 129). Utilities is 21% lower in Mississippi (index 89.4 vs 113.5). Healthcare is 16% lower in Mississippi (index 94.3 vs 111.8).

Is gas cheaper in Mississippi or Vermont?

Gas averages $3.05/gallon in Mississippi and $3.44/gallon in Vermont — a $0.39 difference per gallon.

Mississippi vs Vermont cost of living — how do they compare?

Mississippi has an overall cost-of-living index of 86 and Vermont has 113.5 (national average = 100). Vermont is 24% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Mississippi and Vermont?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Mississippi has a flat income tax rate of 4.00% for 2026, reduced from 4.40% in 2025. Vermont has a progressive income tax with a top rate of 8.75% on income over $229,500. Use the Mississippi vs Vermont paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.

Do I need to file state tax returns in Mississippi and Vermont?

Mississippi requires residents to file a state income tax return annually, typically due April 15. Vermont requires residents to file a state income tax return annually, typically due April 15. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there.

Where does this cost of living data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.