Median rent is 41% lower in Biloxi ($1,051/mo vs $1,779/mo). Buying is cheaper in Biloxi, where the median home runs $203,200 versus $751,700. Households earn more in New York ($79,713 vs $55,958 a year). Taken together, Biloxi is the more affordable choice with a cost index of 98.2 against 113.0 — about 13% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in New York, NY.
Quick verdict
Biloxi is 13% cheaper overall
Cost index: 98.2 in Biloxi vs 113.0 in New York (US average = 100)
City A
Biloxi, MS
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Biloxi, MS?
Equivalent salary in New York, NY
$86,280
You'd need $11,280 more (15% higher).
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Biloxi
Mississippi
New York
New York
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Biloxi — median rent of $1,051/mo versus $1,779/mo in New York, a 41% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $203,200 in Biloxi — 73% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Mississippi's top income tax rate is 4.70% versus 10.90% in New York, so Biloxi is more tax-friendly for high earners. Sales tax is 7.00% in Mississippi and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Biloxi
Income tax: 4.70%
Sales tax: 7.00%
New York
Income tax: 10.90%
Sales tax: 4.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Biloxi.
Pick Biloxi if you prioritize lower overall cost of living (index 98.2 vs 113.0).
Pick New York if you prioritize higher median household income ($79,713/yr).
Pick Biloxi if you prioritize cheaper rent ($1,051/mo median).
Pick Biloxi if you prioritize lower state income tax (4.70%).
Is Biloxi cheaper than New York?
Biloxi is cheaper overall, with a cost of living index of 98.2 versus 113.0 (US average = 100). That means prices run about 13% lower in Biloxi.
How much is rent in Biloxi vs New York?
Median rent is $1,051/mo in Biloxi, MS and $1,779/mo in New York, NY. Biloxi, MS has the lower rent by about 41%.
Which has higher salaries — Biloxi or New York?
Median household income is $55,958 in Biloxi, MS and $79,713 in New York, NY. New York, NY has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Biloxi or New York?
Mississippi's top income tax rate is 4.70% and New York's is 10.90%. Biloxi, MS has the lower rate.
What salary do I need in New York to match my Biloxi income?
To maintain the same purchasing power, a salary of $100,000 in Biloxi, MS is equivalent to roughly $115,040 in New York, NY (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology