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Cost of Living in Pearl, MS

Population 27,737 · Census ACS 2020–2024 5-year estimates

Median rent$1,175
Median home value$182,500
Median household income$61,695

The median rent in Pearl, MS is $1,175/month, 23% higher than the Mississippi median and 17% lower than the U.S. median. The median home value is $182,500, 45% lower than the national median. Households earn a median of $61,695 a year, 9% higher than the state median.

Affordability

Rent as a share of median income: 22.9%
Income needed for median rent (30% rule): $47,000/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $923/mo

Run your own numbers: mortgage calculator · hourly to salary

Pearl vs. Mississippi vs. U.S.

PearlMississippiU.S.
Median rent$1,175$954$1,413
Median home value$182,500$169,800$332,700
Median household income$61,695$56,447$80,734
Homeownership rate61.6%70.0%65.2%
Bachelor's degree or higher28.1%25.1%35.7%
Poverty rate12.2%18.9%12.5%
Unemployment rate4.3%5.8%5.2%
Work from home7.2%5.9%15.1%
Median age36.438.638.9

FAQ

What is the average rent in Pearl, MS?

The median gross rent in Pearl, MS is $1,175 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Pearl, MS?

Using the common 30% rule, renting a median-priced home takes about $47,000 a year in gross income.

Is Pearl, MS expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other cities in Mississippi

Jackson, MSRent $1,055 · Income $42,071Gulfport, MSRent $1,086 · Income $49,919Southaven, MSRent $1,445 · Income $78,483Biloxi, MSRent $1,089 · Income $57,204Hattiesburg, MSRent $1,005 · Income $46,342Olive Branch, MSRent $1,829 · Income $100,606

Cities with a similar cost of living

Greensboro, NCRent $1,172 · Income $61,515Green Valley, AZRent $1,171 · Income $62,063Harrisonburg, VARent $1,184 · Income $62,254Lubbock, TXRent $1,182 · Income $60,895Port Angeles, WARent $1,170 · Income $62,606Westland, MIRent $1,158 · Income $62,076

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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