Financial Managers Salary in Mississippi: Cost of Living Adjusted (2024)

What does a Financial Managers 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 2026-04-02

Nominal Salary
$95,830
Median annual (2024)
+14.5%
Real Purchasing Power
$109,770
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 Financial Managers earning $95,830 in Mississippi has the equivalent purchasing power of $109,770 in an average-cost US state.

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

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Mississippi's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $52,180 $59,770 +$7,590
25th Percentile (P25) $66,270 $75,910 +$9,640
Median (P50) $95,830 $109,770 +$13,940
75th Percentile (P75) $136,480 $156,334 +$19,854
90th Percentile (P90) $192,820 $220,870 +$28,050
Key Insight

A Financial Managers in Mississippi earns $95,830 on paper, but low living costs mean your money goes 15% further — like earning $109,770 in an average-cost state. This makes Mississippi one of the best value states for this occupation.

Best States for Financial Managers (After Cost of Living)

Where does Financial Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$200,213
RPP 107.6
$178,448
RPP 98.0
$173,511
RPP 88.0
$170,431
RPP 108.8
5. Georgia
$166,617
RPP 95.8
$164,623
RPP 102.3
$163,251
RPP 102.1
8. Texas
$159,364
RPP 97.5
$155,902
RPP 94.2
$155,274
RPP 109.4

Mississippi ranks #50 out of 51 states for Financial Managers after cost-of-living adjustment.

What To Do Next

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How much do you actually take home? See Financial Managers take-home pay in Mississippi after taxes →

Frequently Asked Questions

What is the real salary for a Financial Managers in Mississippi after cost of living?

A Financial Managers in Mississippi earns a median salary of $95,830 per year. After adjusting for Mississippi's cost of living (RPP=87.3), the real purchasing power is $109,770 — 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 Financial Managers in Mississippi: $95,830 x (100 / 87.3) = $109,770. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Managers in Mississippi financially?

From a purchasing power perspective, yes. A Financial Managers 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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