Moving from Minneapolis to Jackson (2026)

Jackson has a COL index of 79 vs 106 for Minneapolis (100 = US average). You'd pay about 25% less for the same lifestyle.

Save ~$1,025/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
106 โ†’ 79
100 = US avg
1BR rent
$1,700 โ†’ $1,000
per month
State tax
9.9% โ†’ 4.7%
income tax
COL difference
106 โ†’ 79
25% cheaper

Salary needed in Jackson to match your Minneapolis lifestyle

Based on the 25% cost of living decrease between the two cities.

Your salary in MinneapolisEquivalent in Jackson
$40K$29,811
$50K$37,264
$60K$44,717
$75K$55,896
$80K$59,623
$100K$74,528
$120K$89,434
$150K$111,792

๐Ÿ’ต Household income (before tax)

$75K
$
$30K$300K
Save ~$829/moon core expenses at $75K

Monthly budget at $75K โ€” Minneapolis vs Jackson

ExpenseMinneapolisJackson
Monthly take-home$4,122$4,447
1BR rent$1,700$1,000
Groceries$391$346
Transport$95$38
Utilities$195$178
Internet$65$55
Left after essentials$1,676$2,830

30-Year Wealth Builder

If you invest your monthly savings of $829 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,011,356

over 30 years compared to staying in Minneapolis โ€” that's the real price of a city.

$829/mo invested

Frequently asked questions

Is Jackson cheaper than Minneapolis?

Yes. Jackson has a cost of living index of 79 vs 106 for Minneapolis (100 = US average). That's about 25% cheaper.

How much will I save moving from Minneapolis to Jackson?

On a $75K salary, moving from Minneapolis to Jackson saves roughly $1,025/month on core expenses. That's ~$12,300/year.

What salary do I need in Jackson to match my Minneapolis lifestyle?

To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $55,896/year in Jackson. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only