Cost of Living in Louisville, MS

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15%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
40%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Louisville Mississippi National
Cost of living8586100
Groceries9897100
Health care9695100
Housing6063100
Transportation9794100
Utilities9798100
Lifestyle & Entertainment9094100
Household Items9496100
Education & Childcare9594100
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Homes For Sale In Louisville, MS

property for sale

37 Westridge Dr

Louisville, MS
property for sale

16839 E Main St

Louisville, MS
property for sale

654 Baremore St

Louisville, MS
property for sale

0 Brooksville Rd

Louisville, MS
See the Newest Homes For Sale In Louisville, MS

Cost Of Living Quick Facts

  • The cost of living in Louisville is 1% lower than the Mississippi average
  • The cost of living in Louisville is 15% lower than the national average
  • Louisville housing is 40% lower than the national average
  • Mississippi general sales tax is 37% higher than the national average
  • Mississippi state income tax is 93% higher than the national average

Most Affordable Places to Live in and Around Louisville

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Compare Louisville, MS Cost of Living

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      Salary Calculator

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      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$76,754$6,396$1,791$2,303
      Renters$20,572$1,714$480$617
      To approximate the cost of living and the housing affordability in Louisville, MS, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Louisville have a median income of $76,754. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,791 per month to avoid calamity and poverty. The renters in the city have an income of about $20,572, which would make their monthly maximum allowable rental costs $480.

      Mississippi Sales Tax

      State General Sales Tax With Max Surtax
      Mississippi 7% 7.25%

      Mississippi Income Tax

      State Income Tax (Low) Income Tax (High)
      Mississippi 5% 5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Weir, MS6637921.3%
      Noxapater, MS5588217.9%
      Ackerman, MS1,7478712.7%
      Louisville, MS6,1938515.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Monticello, KY6,1938416.2%
      Sheridan, CO6,19511616.0%
      Harris Hill, NY6,19712222.1%
      Metropolis, IL6,1888415.9%
      Kodiak, AK6,19812525.0%
      Louisville, MS6,1938515.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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