Yes, Mississippi consistently ranks as one of the most retirement-friendly states in the country, largely because of its low property taxes, affordable housing, and overall cost of living in Mississippi that remains well below the national average. For retirees watching both their lifestyle and their long-term finances, those fundamentals matter.
After moving here myself, I quickly realized that coastal living along the Mississippi Gulf Coast offers exceptional value that often surprises newcomers. Housing costs are reasonable, everyday expenses are manageable, and property taxes remain among the lowest in the nation.
Even better, the region delivers something many higher-cost coastal areas no longer can: a strong sense of community, easy access to beaches and outdoor activities, and a relaxed pace of life without the financial pressure.
The Mississippi cost of living proves that retirement doesn’t require sacrificing comfort, connection, or quality of life. Instead, it allows retirees to stretch their savings further while still enjoying a coastal lifestyle—one defined by warmth, affordability, and room to truly enjoy the years ahead.
The link below will take you to our extensive article about the City of Long Beach, which is a good example of what you will find in other Coastal Cities in Mississippi.
💰 Cost of Living on the Mississippi Gulf Coast
The Mississippi Gulf Coast offers one of the lowest costs of living in the United States. From affordable waterfront housing to lower utility bills and no tax on Social Security income, retirees find that their money goes much further here — without giving up a relaxed coastal lifestyle.
- Low property taxes and affordable homeowners insurance
- Reasonable healthcare costs and local access to VA facilities
- Dining, recreation, and entertainment at a fraction of national averages
Mississippi Cost of Living FAQs
How much are property taxes in Mississippi?
Mississippi’s property taxes are among the lowest in the U.S., averaging about 0.8% of assessed home value — significantly less than coastal or northern states.
What is the average electricity cost?
Residential electricity in Mississippi averages around 13 cents per kilowatt-hour — close to the national average, but lower overall utility bills due to mild winters.
How much does gasoline cost?
Gas prices typically run below the national average. As of 2025, regular gas along the Gulf Coast averages about $2.95 per gallon.
Are groceries and dining affordable?
Yes. Grocery costs in Mississippi are roughly 10–15% below national averages, and dining out — especially fresh seafood on the Gulf — remains remarkably affordable.
Some people believe you have to choose between a great quality of life and affordability—that finding both in the same place is unrealistic. My experience on the Mississippi Gulf Coast proves otherwise.
As the graphic below shows, the things that truly create a high quality of life are often harder to find in crowded metro areas with high taxes and rising costs. When I moved from California, I found what I was looking for: a comfortable climate, genuine affordability, an inviting culture, great restaurants, things to do, and a lasting sense of well-being. I don’t miss traffic helicopters or annual property tax increases.
Learn why I decided to retire in Ocean Springs, MS, after moving from California. It’s a similar story told by many who have moved to Mississippi from all over the United States and other countries. Check out our blog site for many articles about retirement in Mississippi. Don’t believe us, read this article by Kiplinger.
Relocating to a New Place: How to Choose the Best Location for Your Future. Read our pillar article on relocation to help in the decision process: stay or go. click here
Discover more from RetireCoast.com
Subscribe to get the latest posts sent to your email.
