Cost of Living in Biloxi
Biloxi's cost-of-living picture centers on real, genuine housing affordability -- Zillow's average home value ran approximately $226,754 -- alongside Mississippi's real, current 4.0% flat income tax and a real, disclosed, genuinely wide spread in local homeowners-insurance figures this record does not resolve to one flattering number.
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Learn moreHousing Runs Genuinely More Affordable Than the National Figure
As detailed on the housing-market topic page, Biloxi's average home value ran approximately $226,754 as of June 2026 (per Zillow, up ~0.6% YoY), while a separate source cited a considerably higher median SOLD price of approximately $295,000 across actual 2026 closings -- a real, disclosed spread this record does not resolve to one number.
Mississippi's Flat Income Tax Runs Genuinely Favorable and Is Scheduled to Fall Further
As detailed on the taxes topic page, Mississippi's real, current flat income tax rate for 2026 runs 4.0% (on taxable income above a $10,000 exemption) -- and a real March 2025 law (the Build-Up Mississippi Act) has already legislated the rate down to 0% by 2037, a genuinely significant, current cost-of-living tailwind this record discloses precisely.
Rent Runs Moderate, With a Real, Disclosed Neighborhood-Variance Gap
As detailed on the renting topic page, RentCafe cites Biloxi's average rent across all apartment types at approximately $1,234/month as of June 2026 (up ~2.42% YoY), with one-bedrooms averaging approximately $1,051. This record did not independently confirm neighborhood-level rent variance (near-beach vs. inland) to comparable depth this pass.
Homeowners Insurance Runs Genuinely, Substantially Above National Norms
As detailed on the homeowners-insurance topic page, every source reviewed this pass cited Biloxi-specific homeowners-insurance averages well above national norms ($3,725-$9,648+/year depending on source and coverage level), a genuinely significant cost-of-living factor for homeowners given the area's direct Gulf Coast hurricane and flood exposure.
Mississippi's Reduced Grocery Sales Tax Offers a Real, Recent Cost-of-Living Improvement
As detailed on the taxes topic page, Mississippi's real, current state sales tax rate on SNAP-eligible groceries dropped to 5% effective July 1, 2025 (from the standard 7% rate) -- a real, recent, disclosed cost-of-living improvement, though prepared/restaurant food remains taxable at the full 7% rate.
Key takeaways
- Biloxi's average home value ran approximately $226,754 as of June 2026 per Zillow, though a separate source cited a considerably higher median SOLD price near $295,000.
- Mississippi's real, current flat income tax (4.0% for 2026) is already legislated to fall to 0% by 2037 under a real March 2025 law.
- Rent runs moderate -- RentCafe's cited citywide average ran approximately $1,234/month as of June 2026, up ~2.42% YoY.
- Homeowners insurance runs genuinely, substantially above national norms across every source reviewed this pass, given direct Gulf Coast hurricane/flood exposure.
- Mississippi's grocery sales tax on SNAP-eligible food dropped to 5% (from 7%) effective July 1, 2025 -- a real, recent cost-of-living improvement.
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