Biloxi, MS is a great place to live for those looking for an affordable cost of living. The average 2 bedroom rent in Biloxi is only $960 compared to the national average of $1,430. It also has a low grocery cost index of 95 versus 100 in the US. There are several large companies located in Biloxi such as Ingalls Shipbuilding, Mississippi Power, and Beau Rivage Resort & Casino. These companies help drive the local economy providing jobs and keeping the cost of living low. Whether you're looking for a career or just wanting to retire on a budget, Biloxi is the perfect city to call home.
Biloxi has an unemployment rate of 5.8%. The US average is 6.0%.
Biloxi has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Biloxi
- The Sales Tax Rate for Biloxi is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Biloxi is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Biloxi
- The average income of a Biloxi resident is $23,155 a year. The US average is $28,555 a year.
- The Median household income of a Biloxi resident is $51,289 a year. The US average is $69,021 a year.