CostIndexUSA

Jackson, MS vs Lake Charles, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MS
Jackson
89
overall index
$1,500/mo rent
More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent

Lake Charles is slightly cheaper than Jackson — 3.5% lower overall cost of living.

To match an $80,000 salary in Jackson, you would need $77,200 in Lake Charles. Calculate your salary ↓

Category Breakdown

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

🏠 Housing20.1%
Jackson
64.8
Lake Charles
51.8
🛒 Groceries2.6%
Jackson
96.2
Lake Charles
93.7
🚗 Transportation≈ Equal
Jackson
100.9
Lake Charles
100.5
🏥 Healthcare≈ Equal
Jackson
91.3
Lake Charles
90.9
Utilities8.2%
Jackson
78.1
Lake Charles
71.7

Salary Equivalency Calculator

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

$
Equivalent salary in Lake Charles, LA
$77,200
$2,800 less needed in Lake Charles

Formula: salary × (85.9 ÷ 89) = salary × 0.9652. 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×

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

Jackson has 20.1% lower housing costs compared to Lake Charles.

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

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

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)

Lake Charles, LA
4.7×income-to-rent ratio

79% 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.