Mississippi vs Virginia Paycheck Comparison 2026

At a $100,000 salary, Mississippi results in $1,493 more annual take-home pay. Mississippi has a flat state income tax of 4.00%. All taxable income is taxed at the same rate. Virginia uses a progressive income tax with 4 brackets ranging from 2.00% to 5.75%.

The difference depends on salary. At $50,000, the gap is $618/yr. At $150,000, it grows to $2,368/yr. At $300,000, the difference is $4,993/yr.

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.

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

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

Yes. Virginia 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.

At a $100,000 salary, take-home pay of $75,180 in Mississippi has the purchasing power of $62,723 in Virginia terms. Conversely, $73,688 in Virginia equals $88,322 in Mississippi terms. After adjusting for both taxes and cost of living, Virginia comes out ahead.

The overall cost of living is 17% different between Mississippi and Virginia. 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, Virginia gives you more purchasing power on a $100,000 salary.

Mississippi requires residents to file a state income tax return annually, typically due April 15. Virginia 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.