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Family Medicine Physicians Salary in Mississippi: Cost of Living Adjusted (2024)

What does a Family Medicine Physicians salary really buy you in Mississippi?

Mississippi is 12.7% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$231,580
Median annual (2024)
+14.5%
Real Purchasing Power
$265,269
COL-adjusted (RPP=87.3)

Mississippi Cost of Living Index

Mississippi's Regional Price Parity (RPP) is 87.3, meaning prices are 12.7% lower the national average. A Family Medicine Physicians earning $231,580 in Mississippi has the equivalent purchasing power of $265,269 in an average-cost US state.

MS: 87.3
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

A Family Medicine Physicians in Mississippi earns $231,580 on paper, but low living costs mean your money goes 15% further — like earning $265,269 in an average-cost state. This makes Mississippi one of the best value states for this occupation.

Best States for Family Medicine Physicians (After Cost of Living)

Where does Family Medicine Physicians salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$265,269
RPP 87.3
2. Kansas
$263,555
RPP 90.0
$253,151
RPP 93.6
$249,509
RPP 91.8
$247,113
RPP 88.0
$246,869
RPP 88.8
$241,305
RPP 94.2
8. Ohio
$241,092
RPP 91.5
$240,775
RPP 98.0
10. Missouri
$238,188
RPP 91.1

Mississippi ranks #1 out of 24 states for Family Medicine Physicians after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Family Medicine Physicians in Mississippi after cost of living?

A Family Medicine Physicians in Mississippi earns a median salary of $231,580 per year. After adjusting for Mississippi's cost of living (RPP=87.3), the real purchasing power is $265,269 — a +14.5% difference.

Is Mississippi expensive to live in?

Mississippi's cost of living is 12.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Mississippi is 87.3 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Family Medicine Physicians in Mississippi: $231,580 x (100 / 87.3) = $265,269. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Family Medicine Physicians in Mississippi financially?

From a purchasing power perspective, yes. A Family Medicine Physicians in Mississippi enjoys 14.5% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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