Cost of Living in Gulfport
Gulfport's cost-of-living picture centers on real, genuine housing affordability -- Zillow's average home value ran approximately $206,371 -- alongside Mississippi's real, current, falling flat income tax and a real, disclosed, currently-elevated homeowners-insurance cost this record does not omit to keep the overall picture flattering.
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Learn moreHousing Runs Genuinely Affordable
As detailed on the housing-market topic page, Gulfport's average home value ran approximately $206,371 as of May 2026 (per Zillow, up ~0.7% YoY), with separate sources citing a median price of approximately $230,315 (down ~1.6% YoY) and a median estimated value of approximately $223,377 -- a real, disclosed cross-source spread this record does not resolve to one number.
Mississippi's Income Tax Is Real, Currently Falling Toward Zero
As detailed on the taxes topic page, Mississippi's real, current flat income tax rate for 2026 is 4.0% (above a $10,000 exemption threshold), on a real, legislated path (the Build-Up Mississippi Act) to reach 0% by 2037 -- a genuinely significant, current cost-of-living advantage this record discloses precisely.
Rent Runs Genuinely Affordable, With Real, Disclosed Cross-Source Variance
As detailed on the renting topic page, Gulfport one-bedroom rent figures ranged from approximately $1,014 to $1,100 depending on source this pass, with a separate, broader across-all-unit-types average citation near $1,144/month -- real, disclosed figures with tighter cross-source variance than some other markets this project has documented.
Mississippi Reduced Its Grocery Sales Tax in 2025
As detailed on the taxes topic page, Mississippi's real, current state sales tax rate on SNAP-eligible groceries fell to 5% effective July 1, 2025 (down from the standard 7% base rate) -- a real, current cost-of-living improvement, though prepared/hot food and alcohol remain taxed at the full 7% rate.
Homeowners Insurance Runs Genuinely, Currently Elevated
As detailed on the homeowners-insurance topic page, Gulfport's own average homeowners premium was cited at approximately $5,626/year (excluding flood insurance) -- among the nation's highest -- with a real, current 16% Mississippi Windstorm Underwriting Association rate increase effective January 1, 2026 adding further cost pressure this record does not omit.
Key takeaways
- Gulfport's average home value ran approximately $206,371 as of May 2026 per Zillow, though sources cited a real, disclosed spread up to approximately $230,315.
- Mississippi's real, current flat income tax (4.0% for 2026, above a $10,000 exemption) is on a real, legislated path to 0% by 2037.
- Rent runs genuinely affordable, with one-bedroom figures ranging approximately $1,014-$1,100 across sources reviewed this pass.
- Mississippi's grocery sales tax fell to 5% (from 7%) effective July 1, 2025 -- a real, current cost-of-living improvement.
- Homeowners insurance runs genuinely elevated -- a Gulfport-specific average near $5,626/year (excluding flood insurance), with a real 16% MWUA rate increase effective January 1, 2026.
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