Alabama vs Mississippi: Tax & Cost Comparison

2026

Side-by-side Alabama vs Mississippi comparison: state income tax, sales tax, property tax, cost of living, and minimum wage for 2026. Deep South pair — both with low effective property tax; AL's 5% flat against MS's 4.4% flat (and only state taxing groceries at full rate).

Written and reviewed by Konstantin Iakovlev · Methodology · Updated

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Tax / Cost Factor Alabama Mississippi
State income tax (top rate) 5.00% (progressive) 4.00% (flat)
State sales tax 4.00% 7.00%
Avg. effective property tax 0.40% 0.65%
Minimum wage (2026) $7.25/hr $7.25/hr
State Disability Insurance (SDI) No No
Paid Family Leave No No
Median home price (Q4 2025) $224,000 $175,000
Foreclosure type non-judicial non-judicial
BEA Regional Price Parity (2024) 87.9 86.1
Median household income (2024) $60,660 $52,985
Median 2-bedroom rent (Q4 2025) $1,180/mo $980/mo

Worked example: $75,000 single filer, 2026

For a single filer earning $75,000 in 2026, the rough state-tax burden comparison:

  • Alabama: estimated state income tax ≈ $2,625, plus federal income tax (≈ $7,300 at 22% marginal), FICA $5,738, sales tax 4.00% on consumption.
  • Mississippi: estimated state income tax ≈ $2,100, plus federal $7,300, FICA $5,738, sales tax 7.00% on consumption.

Property tax depends entirely on home value. On a $400,000 home: Alabama ≈ $$1,600/year; Mississippi ≈ $$2,600/year.

Combined annual state burden (income + property on $400K + 6% of $50K consumption sales tax) — Alabama: ~$6,225; Mississippi: ~$8,200.

Why this comparison? Deep South pair — both with low effective property tax; AL's 5% flat against MS's 4.4% flat (and only state taxing groceries at full rate).

Frequently asked questions

Which is cheaper to live in: Alabama or Mississippi?

By BEA Regional Price Parity (2024), Alabama has a cost-of-living index of 87.9 and Mississippi is 86.1 (US average = 100). Median household income: Alabama $60,660, Mississippi $52,985. Median 2-bedroom rent: Alabama $1,180/mo, Mississippi $980/mo. Mississippi is the lower-cost state by this measure.

Does Alabama or Mississippi have lower income tax in 2026?

Mississippi has a top income-tax rate of 4.00%; Alabama has 5.00%. Mississippi is lower at the top bracket.

What about property taxes in Alabama vs Mississippi?

Alabama's average effective property tax rate is 0.40% (e.g., $1,600/year on a $400,000 home). Mississippi's rate is 0.65% ($2,600/year on $400K). Alabama has the lower property tax burden.

Where is the minimum wage higher: Alabama or Mississippi?

Alabama's 2026 minimum wage is $7.25/hour; Mississippi's is $7.25/hour. Both have the same minimum wage.