Skyline of Southaven
Cost of Living: 90 55,000

Southaven, MS, US

Memphis suburb in northern Mississippi with the Snowden Grove Amphitheater.

Updated July 19, 2026
Cost of Living 90

Below Average vs US Avg (100)

Housing Index 92

Affordable

Median Income $55,000

Household income

Unemployment 3.5%

Job market health

Southaven vs US Average

Cost of Living
Southaven: 90
US Avg: 100
Housing Index
Southaven: 92
US Avg: 100
State Income Tax
Southaven: 5%
US Avg: ~5%

Taxes

  • State Income Tax: 5.0%
  • Sales Tax: 7.0%

Economy & Jobs

  • Median Income: $55,000
  • Unemployment: 3.5%
  • Population: 55,000

Climate

  • Sunny Days: 215/year
  • Summer High: 90°F
  • Winter Low: 35°F

Housing

  • Median Home: $240,000
  • 1BR Rent: $1000/mo

Cost of Living

Southaven's cost of living index is 90 (US average = 100).

CategorySouthavenNational AverageDifference
Overall90100-10.0%
Housing92100-8.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$240,000
Median Rent (1BR)$1000/mo
Median Rent (2BR)$1,250/mo
Price per Sq Ft$160

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Southaven:

UtilityEstimated Monthly CostNotes
Electricity$110Based on ~900 kWh/month typical US household usage
Heating & Cooling$5Estimated based on local climate. Gas or electric
Cooling (AC)$7Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$25Private service
Total Utilities$262Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Southaven

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,200/mo.

Southaven Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,100/mo.

East Southaven

Up-and-coming neighborhood with new developments and young professionals. Average rent: $900/mo.

West Southaven

Family-friendly area with parks and good schools. Average rent: $950/mo.

Remote Work Score

Southaven scores —/100 for remote work readiness:

Cost of Living
90
Rent
$1000
Sunny Days
215
Tax
5%
Unemployment
3.5%
Climate
90°F / 35°F

Climate

Southaven has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January55°F35°F2.5"
April75°F50°F2.8"
July90°F65°F1.5"
October70°F53°F2.2"

Taxes

  • State Income Tax: 5%
  • Sales Tax: 7%
  • Property Tax: ~0.75% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.5%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Southaven, MS, US?

The cost of living index in Southaven is 90, which is Lower the US national average of 100.

How much does it cost to buy a home in Southaven?

The median home price in Southaven is $240,000. The housing index is 92.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Southaven is approximately $1000/mo.

Does Southaven, MS have income tax?

Southaven is in MS, which has an income tax rate of 5%.

What is the climate like in Southaven?

Southaven enjoys approximately 215 sunny days per year. Summer highs reach around 90°F, while winter lows can drop to around 35°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.