These Are The Most Expensive Towns To Live in Mississippi

Mississippi definitely has a reputation for being a hard-working, blue-collar state. Just a big group of hard-working, no B.S. folks who go about their business and try to carve out a life for themselves and their families. This is certainly true for a good chunk of the state, but there are certain places where the people appreciate the finer things.

Homesnacks, a website that compiles data from around the globe, used statistics from the US Census coupled with other stats coming from sources like the FBI to put together a list of the top 10 priciest places in The Magnolia State.

To rank these cities and towns, we’ll take a look at the median income, average house price, the ratio between those two, and the cost of living index.

That index takes into account; food, shelter, transportation, energy, clothing, healthcare, and childcare and complies it into an easy to digest number that gives you a good idea of how costly it is to go about your day in a certain area.

A ‘100’ on the Cost of Living means you’re sitting right at the national average, anything above means you’re living the high life.

These are the most expensive places to live in Mississippi.

#10: Olive Branch

Population: 45,938
Cost Of Living Index: 92
Median Income: $93,762
Average Home Price: $325,825
Home Price To Income Ratio: 3.5x

Sitting just south of the Tennessee border, this memphis suburb could almost be disqualified as Mississippi stronghold.

#9: Biloxi

Population: 49,141
Cost Of Living Index: 92
Median Income: $55,775
Average Home Price: $224,489
Home Price To Income Ratio: 4.0x

Living by the ocean will always cost you a little bit extra, so no surprises that is coastal city cracks the top 10

#8: Flowood

Population: 10,204
Cost Of Living Index: 93
Median Income: $89,144
Average Home Price: $318,663
Home Price To Income Ratio: 3.6x

When you meet someone who says they’re from Jackson but they grew up with a little bit of money, chances are they really hail from Flowood.

#7: Bay St. Louis

Cost Of Living Index: 94
Median Income: $63,508
Average Home Price: $236,101
Home Price To Income Ratio: 3.7x

Just a hop, skip, and a jump away from New Orleans, this is the second of many gulf towns we’re going to see.

#6: Hernando

Population: 17,262
Cost Of Living Index: 94
Median Income: $69,761
Average Home Price: $326,012
Home Price To Income Ratio: 4.7x

Just like Olive Branch, Hernando sits close to the Tennessee border in DeSoto County. I guess that’s just the place to be.

#5: Oxford

Population: 25,713
Cost Of Living Index: 94
Median Income: $56,784
Average Home Price: $323,812
Home Price To Income Ratio: 5.7x
Are the frat houses counted in the average home price?

#4: Diamondhead

Population: 9,360
Cost Of Living Index: 95
Median Income: $80,504
Average Home Price: $246,567
Home Price To Income Ratio: 3.1x

Located right on Bay St. Louis, this is our third town where you could look into grabbing some beachfront property.

#3: Pass Christian

Population: 5,802
Cost Of Living Index: 96
Median Income: $65,000
Average Home Price: $289,217
Home Price To Income Ratio: 4.4x

I’ll give you one guess where this one is. If you said located on Bay St. Louis right on the gulf, you’d be correct.

#2: Long Beach

Population: 16,809
Cost Of Living Index: 96
Median Income: $66,573
Average Home Price: $225,244
Home Price To Income Ratio: 3.4x

Alright, you get it, it’s expensive to live by the beach.

#1: Madison

Population: 27,595
Cost Of Living Index: 102
Median Income: $124,575
Average Home Price: $389,530
Home Price To Income Ratio: 3.1x

And coming in to break the trend is our #1 most expensive city. This Jackson suburb soars over the coastal towns to take the top spot.