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Memphis, TN-MS-AR

Cost of living in DeSoto County, MS

Part of the Memphis Metro Area

Estimated monthly cost
$3,336/mo
for a single person, all categories combined

Population 188,598 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,207 36%
Federal tax $587 18%
Healthcare $480 14%
Transport $320 10%
Groceries $298 9%
Energy $197 6%
State tax $192 6%
Water $55 2%

Rent in DeSoto County

Fair Market Rents by bedroom count.

Studio
$1,105
per month
1 bedroom
$1,207
per month
2 bedroom
$1,355
per month
3 bedroom
$1,781
per month
4 bedroom
$2,086
per month

Source: HUD FMR FY2025

Income and earnings in DeSoto County

Annual earnings figures from the Census ACS.

Household income
$82,980
per year
Individual earnings
$45,970
per year
Per capita
$36,569
per year

Source: ACS 2019-2023 5-Year.

Home values in DeSoto County

Average values reported by homeowners.

Average home value
$248,700
Annual property tax
$1,595

Source: ACS 2019-2023 5-Year

Energy costs in DeSoto County

Estimated monthly electricity and gas costs.

Electricity
$158
per month · 13.7¢/kWh
Natural gas
$39
per month
Annual total
$2,364
per year

Source: EIA

Healthcare in DeSoto County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
8.3%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in DeSoto County

State and local tax rates for Mississippi.

State income tax
5.0%
Flat rate
State sales tax
7.0%
Combined sales tax
7.1%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in DeSoto County

Commute patterns and estimated costs.

Average commute
26.3 min
Drive alone
81.7%
Public transit
0.1%
Work from home
7.4%

Source: ACS

Monthly cost estimates for DeSoto County

What it costs to live in DeSoto County each month.

Single person
$3,336
per month
  • Rent $1,207
  • Energy $197
  • Water $55
  • Groceries $298
  • Transport $320
  • Healthcare $480
  • Federal tax $587
  • State tax $192
Couple
$4,808
per month
  • Rent $1,355
  • Energy $236
  • Water $65
  • Groceries $494
  • Transport $420
  • Healthcare $864
  • Federal tax $1,028
  • State tax $346
Family
$7,345
per month
  • Rent $1,781
  • Energy $296
  • Water $75
  • Groceries $749
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $1,028
  • State tax $346

Frequently asked questions about DeSoto County

Common questions about cost of living, rent and salary.

What is the average rent in DeSoto County?

In DeSoto County, MS, a one-bedroom apartment averages $1,207 per month, a two-bedroom averages $1,355 per month, a three-bedroom averages $1,781 per month, according to HUD Fair Market Rent data.

What is the average salary in DeSoto County?

In DeSoto County, MS, the average household income is $82,980 per year and individual earnings for full-time workers average $45,970 per year, according to U.S. Census Bureau data.

What is the cost of living in DeSoto County?

The estimated cost of living in DeSoto County, MS is approximately $3,336 per month for a single person, $4,808 for a couple, $7,345 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in DeSoto County?

The combined sales tax rate in DeSoto County, MS is 7.07%, which includes the Mississippi state rate of 7.00% plus an average local rate of 0.07%.

Is DeSoto County an affordable place to live?

Based on the data, a single person in DeSoto County, MS would need approximately $3,336 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $82,980 per year ($6,915 per month). DeSoto County is relatively affordable compared to the national average.

How much does healthcare cost in DeSoto County?

The ACA marketplace benchmark premium in DeSoto County, MS is approximately $480 per month for an individual. Approximately 8.3% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in DeSoto County?

The average home value in DeSoto County, MS is $248,700, with average annual property taxes of $1,595, according to U.S. Census Bureau data.

How does DeSoto County compare to other areas?

You can compare DeSoto County, MS with any other US county using our comparison tool at /compare. DeSoto County is in the Memphis, TN-MS-AR metro area.

Other counties in Mississippi

Browse the full list of counties in Mississippi, ranked by cost of living.

See all counties in Mississippi

Compare DeSoto County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources