Mississippi vs Vermont Paycheck Comparison 2026

Annual salary

$

Annual salary

$
Additional options (filing status, deductions)
Filing status
$
$

You take home $475/yr more in Mississippi

$40/mo · $18/paycheck more

Mississippi
Vermont

$58,593/yr in Mississippi vs $58,118/yr in Vermont.

Mississippi

Take-home per paycheck

$2,253.56

$58,593/yr · 26x/yr

Federal tax$7,67010%
State tax$3,0004%
Social Security$4,6506%
Medicare$1,0881%
Take-home$58,59378%
Tax rates
Effective: 21.9%Marginal fed: 22.0%Marginal state: 4.0%

Vermont

Take-home per paycheck

$2,235.31

$58,118/yr · 26x/yr

Federal tax$7,67010%
State tax$3,4755%
Social Security$4,6506%
Medicare$1,0881%
Take-home$58,11877%
Tax rates
Effective: 22.5%Marginal fed: 22.0%Marginal state: 6.6%

Cost of living comparison

Cost of living in Mississippi is 24% lower than in Vermont.

At a $75,000 salary, take-home pay of $58,593 in Mississippi has the purchasing power of $44,396 in Vermont terms.

After adjusting for cost of living, Vermont comes out ahead by $13,722/yr.

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 & Misc
Infant childcare$6,868/yrvs$18,836/yr
Mississippi
Vermont
174% more

Estimate based on 2026 tax rates and standard deductions. Does not include local taxes, itemized deductions, tax credits, or other individual circumstances.

Tax system comparison

Mississippi: Mississippi has a flat state income tax of 4.00%. All taxable income is taxed at the same rate.

Vermont: Vermont uses a progressive income tax with 4 brackets ranging from 3.35% to 8.75%.

Take-home pay at different salaries (single filer, 2026)

Salary Mississippi take-home Vermont take-home Difference
$50,000 $40,355 $40,531 -$175
$75,000 $58,593 $58,118 + $475
$100,000 $75,180 $74,056 + $1,125
$150,000 $107,791 $104,967 + $2,824
$200,000 $140,927 $136,303 + $4,624
$300,000 $203,177 $194,143 + $9,034

Positive values mean higher take-home in Mississippi. Assumes single filer, no deductions.

FAQ

Which state has lower taxes, Mississippi or Vermont?

At a $100,000 salary, Mississippi results in $1,125 more annual take-home pay. Mississippi has a flat state income tax of 4.00%. All taxable income is taxed at the same rate. Vermont uses a progressive income tax with 4 brackets ranging from 3.35% to 8.75%.

How much more do you take home in Mississippi vs the other state?

The difference depends on salary. At $50,000, the gap is $176/yr. At $150,000, it grows to $2,824/yr. At $300,000, the difference is $9,034/yr.

Do Mississippi and Vermont have the same federal taxes?

Yes. Federal income tax, Social Security, and Medicare are the same in every state. Only state income tax differs. This calculator shows the combined effect of federal and state taxes on your take-home pay.

Is it cheaper to live in Mississippi or Vermont?

Mississippi is cheaper to live in. Cost of living in Mississippi is 17% lower than in Vermont. Mississippi's Regional Price Parity is 86.1 and Vermont's is 103.2 (US average = 100).

Is Mississippi cheaper than Vermont?

Yes. Mississippi has a lower cost of living than Vermont (index 86.1 vs 103.2). Housing is typically the biggest difference between the two states.

Is Vermont more expensive than Mississippi?

Yes. Vermont has a higher cost of living (index 103.2) compared to Mississippi (index 86.1). The national average is 100. Housing costs are typically the largest driver of the difference.

After cost of living, which state is actually cheaper?

At a $100,000 salary, take-home pay of $75,180 in Mississippi has the purchasing power of $62,723 in Vermont terms. Conversely, $74,056 in Vermont equals $88,763 in Mississippi terms. After adjusting for both taxes and cost of living, Vermont comes out ahead.

Mississippi vs Vermont cost of living — what's the difference?

The overall cost of living is 17% different between Mississippi and Vermont. Living costs are 14% below the national average, the lowest in the US Living costs are about 3% above the national average After taxes and cost of living, Vermont gives you more purchasing power on a $100,000 salary.

Do I need to file state tax returns in both 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. Each state has its own tax return form — check your state's department of revenue website for the correct form and e-filing options.

Related tools

Mississippi Paycheck Estimator · Vermont Paycheck Estimator · All states