Columbus, MS is a great place for those looking for an affordable cost of living. The rent for a two-bedroom apartment in Columbus is roughly $750 per month, which is much lower than the national average of $1,430. Grocery costs are even more economical with a Columbus grocery cost index at 97 compared to the national average of 100.
Columbus is home to many businesses such as Cadence Bank and Mississippi University for Women. There are also several attractions in the area that visitors can enjoy like the Tennessee Williams Home and Welcome Center or the Waverly Mansion. For outdoor adventurers, Columbus has plenty of parks and trails to explore, such as Tower Hill Park or Burning Bush Trail.
Columbus has an unemployment rate of 7.4%. The US average is 6.0%.
Columbus has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus 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 Columbus
- The average income of a Columbus resident is $24,237 a year. The US average is $37,638 a year.
- The Median household income of a Columbus resident is $34,488 a year. The US average is $69,021 a year.