Soso, MS is a small town located in Mississippi known for its affordable living and cost of living. With a two-bedroom rental rate of only $820 compared to the US average of $1,430, Soso is an attractive option for those seeking to save on housing costs. Additionally, prices at local grocery stores are further reduced; the Grocery Cost Index in Soso is 98 compared to 100 in the US. Soso also offers plenty of entertainment and employment opportunities with local businesses such as The Mill Storehouse Café, The Dandy Dollar Corner Store, and Angel’s Boutique Shop. Residents can also take advantage of the nearby lakes for fishing and outdoor activities.
Soso has an unemployment rate of 6.2%. The US average is 6.0%.
Soso has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Soso
- The Sales Tax Rate for Soso is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Soso 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 Soso
- The average income of a Soso resident is $31,333 a year. The US average is $37,638 a year.
- The Median household income of a Soso resident is $56,719 a year. The US average is $69,021 a year.