Is $55k a Good Salary in Mississippi?
A $55k annual salary in Mississippi takes home $3,722/month after federal tax, FICA, and Mississippi state income tax. With average 1BR rent at $800/month, you're left with $2,922/month for everything else.
Monthly Take-Home
$3,722
Avg 1BR Rent (Jackson)
$800
After Rent
$2,922
Rent % of Take-Home
21%
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Change the salary or filing status to see updated take-home, verdict, and budget for Mississippi.
Verdict —
—monthly take-home
—after rent ($800/mo)
—net hourly
Federal Income Tax—
FICA (SS + Medicare)—
Mississippi State Tax—
Net Annual—
$55k Salary After Tax in Mississippi
ItemAmount
Gross Annual$55,000
Federal Income Tax−$4,420
FICA (SS + Medicare)−$4,208
Mississippi State Income Tax−$1,708
Net Annual Take-Home$44,665
Net Monthly$3,722
Net Hourly$21/hr
Effective Tax Rate18.8%
Sample Monthly Budget — $55k in Mississippi
Here's how a $55k take-home of $3,722/month might realistically break down in Mississippi:
CategoryMonthly% of Take-Home
🏠 Rent (1BR) $800 21%
🛒 Food & Groceries $447 12%
🚗 Transport $372 10%
💡 Utilities $120 3%
🎯 Other / Discretionary $300 8%
💰 Savings (estimated) $1,683 45%
Note: Budget estimates are illustrative. Actual costs vary by city, lifestyle, and household size.
Cost of Living in Mississippi
Overall COL Low
- Average 1BR rent in Jackson: $800/month
- Rent as % of your take-home: 21% (healthy)
- Minimum comfortable annual net for Mississippi: $29,000
- Your net annual take-home: $44,665
See the exact breakdown for your hours & filing status
Adjust for married filing, overtime, or part-time hours.
Open $55k + Mississippi Calculator →Is $55k Good in Other States?
Alabama
$3,651/mo net
Rent ~$900/mo
$2,751/mo after rent
Low COL
Alaska
$3,864/mo net
Rent ~$1,300/mo
$2,564/mo after rent
High COL
Arizona
$3,783/mo net
Rent ~$1,350/mo
$2,433/mo after rent
Medium COL
Arkansas
$3,683/mo net
Rent ~$800/mo
$2,883/mo after rent
Low COL
California
$3,734/mo net
Rent ~$2,100/mo
$1,634/mo after rent
High COL
Colorado
$3,722/mo net
Rent ~$1,700/mo
$2,022/mo after rent
High COL