CostIndexUSA

Jackson, MS vs Jersey City, NJ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMS
Jackson
89
overall index
$1,500/mo rent
NJ
Jersey City
112.6
overall index
$3,225/mo rent

Jackson is significantly cheaper than Jersey City — 26.5% lower overall cost of living.

To match an $80,000 salary in Jackson, you would need $101,200 in Jersey City. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+129.3%
Jackson
64.8
Jersey City
148.6
🛒 Groceries+14.7%
Jackson
96.2
Jersey City
110.3
🚗 Transportation+10.1%
Jackson
100.9
Jersey City
111.1
🏥 Healthcare+10.1%
Jackson
91.3
Jersey City
100.5
Utilities+62.6%
Jackson
78.1
Jersey City
127

Salary Equivalency Calculator

Enter your current salary in Jackson to see what you'd need to earn in Jersey City to maintain the same purchasing power.

$
Equivalent salary in Jersey City, NJ
$101,200
$21,200 more needed in Jersey City

Formula: salary × (112.6 ÷ 89) = salary × 1.2652. Based on BEA Regional Price Parities.

Housing Market

Jackson, MS

Median Home Price
$205,000
Median Monthly Rent
$1,500
Housing Index
64.8
Price-to-Rent Ratio
11.4×

Jersey City, NJ

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Jersey City has 129.3% higher housing costs compared to Jackson.

Income & Job Market

Jackson, MS

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
153,701
Top Industries
GovernmentHealthcareRetailManufacturingEducation

Jersey City, NJ

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
292,449
Top Industries
FinanceHealthcareTechnologyRetailGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Jackson, MS
3.3×income-to-rent ratio

69% of income left after rent (median)

Jersey City, NJ
2.5×income-to-rent ratio

59% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.