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Jackson, MS

Cost of living in Rankin County, MS

Part of the Jackson Metro Area

Estimated monthly cost
$3,166/mo
for a single person, all categories combined

Population 158,218 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,051 33%
Federal tax $576 18%
Healthcare $480 15%
Transport $320 10%
Groceries $298 9%
Energy $197 6%
State tax $189 6%
Water $55 2%

Rent in Rankin County

Fair Market Rents by bedroom count.

Studio
$1,045
per month
1 bedroom
$1,051
per month
2 bedroom
$1,232
per month
3 bedroom
$1,484
per month
4 bedroom
$1,633
per month

Source: HUD FMR FY2025

Income and earnings in Rankin County

Annual earnings figures from the Census ACS.

Household income
$77,454
per year
Individual earnings
$45,301
per year
Per capita
$37,662
per year

Source: ACS 2019-2023 5-Year.

Home values in Rankin County

Average values reported by homeowners.

Average home value
$223,400
Annual property tax
$1,384

Source: ACS 2019-2023 5-Year

Energy costs in Rankin 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 Rankin County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
9.2%

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 Rankin 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 Rankin County

Commute patterns and estimated costs.

Average commute
26.4 min
Drive alone
82.2%
Public transit
0.5%
Work from home
6.4%

Source: ACS

Monthly cost estimates for Rankin County

What it costs to live in Rankin County each month.

Single person
$3,166
per month
  • Rent $1,051
  • Energy $197
  • Water $55
  • Groceries $298
  • Transport $320
  • Healthcare $480
  • Federal tax $576
  • State tax $189
Couple
$4,572
per month
  • Rent $1,232
  • Energy $236
  • Water $65
  • Groceries $494
  • Transport $420
  • Healthcare $864
  • Federal tax $938
  • State tax $323
Family
$6,935
per month
  • Rent $1,484
  • Energy $296
  • Water $75
  • Groceries $749
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $938
  • State tax $323

Frequently asked questions about Rankin County

Common questions about cost of living, rent and salary.

What is the average rent in Rankin County?

In Rankin County, MS, a one-bedroom apartment averages $1,051 per month, a two-bedroom averages $1,232 per month, a three-bedroom averages $1,484 per month, according to HUD Fair Market Rent data.

What is the average salary in Rankin County?

In Rankin County, MS, the average household income is $77,454 per year and individual earnings for full-time workers average $45,301 per year, according to U.S. Census Bureau data.

What is the cost of living in Rankin County?

The estimated cost of living in Rankin County, MS is approximately $3,166 per month for a single person, $4,572 for a couple, $6,935 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Rankin County?

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

Is Rankin County an affordable place to live?

Based on the data, a single person in Rankin County, MS would need approximately $3,166 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $77,454 per year ($6,455 per month). Rankin County is relatively affordable compared to the national average.

How much does healthcare cost in Rankin County?

The ACA marketplace benchmark premium in Rankin County, MS is approximately $480 per month for an individual. Approximately 9.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Rankin County?

The average home value in Rankin County, MS is $223,400, with average annual property taxes of $1,384, according to U.S. Census Bureau data.

How does Rankin County compare to other areas?

You can compare Rankin County, MS with any other US county using our comparison tool at /compare. Rankin County is in the Jackson, MS 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 Rankin 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