Cost of Living in Greenville

Greenville's cost of living centers on genuinely, dramatically affordable housing, offset by a substantially low median household income and disclosed tax-data tensions.

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Dramatically affordable housing across a wide spread

Housing-value figures ran $40,805 (Ownwell) to $114,009 (2024 estimated median) across sources, with median gross rent around $872/month -- genuinely, dramatically affordable (base record).

Mississippi's real, low 4.0% state income tax

Mississippi's real, current flat 4.0% individual income tax rate (tax year 2026) applies in Greenville as statewide (base record).

A real, disclosed property-tax tension

Ownwell cites Greenville's 1.95% effective rate, but this record discloses a real, unresolved tension against conflicting statewide-comparison figures (base record).

A genuinely, substantially low median household income

Greenville's median household income runs approximately $30,000, a real, disclosed figure well below Mississippi's own already-low statewide median (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.