AmericaByNumbers.com

Medical Transcriptionists Salary in Mississippi: Cost of Living Adjusted (2024)

What does a Medical Transcriptionists 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
$43,950
Median annual (2024)
+14.5%
Real Purchasing Power
$50,343
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 Medical Transcriptionists earning $43,950 in Mississippi has the equivalent purchasing power of $50,343 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) $31,400 $35,967 +$4,567
25th Percentile (P25) $34,720 $39,770 +$5,050
Median (P50) $43,950 $50,343 +$6,393
75th Percentile (P75) $56,390 $64,593 +$8,203
90th Percentile (P90) $60,240 $69,003 +$8,763
Key Insight

A Medical Transcriptionists in Mississippi earns $43,950 on paper, but low living costs mean your money goes 15% further — like earning $50,343 in an average-cost state. This makes Mississippi one of the best value states for this occupation.

Best States for Medical Transcriptionists (After Cost of Living)

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

1. Wyoming
$54,961
RPP 91.9
$53,418
RPP 97.7
$52,892
RPP 92.3
$51,795
RPP 88.0
$50,518
RPP 88.7
$50,343
RPP 87.3
7. Iowa
$48,902
RPP 88.4
8. Montana
$48,239
RPP 90.3
9. Maine
$48,134
RPP 100.8
10. Nebraska
$46,258
RPP 89.8

Mississippi ranks #6 out of 49 states for Medical Transcriptionists after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Medical Transcriptionists in Mississippi after cost of living?

A Medical Transcriptionists in Mississippi earns a median salary of $43,950 per year. After adjusting for Mississippi's cost of living (RPP=87.3), the real purchasing power is $50,343 — 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 Medical Transcriptionists in Mississippi: $43,950 x (100 / 87.3) = $50,343. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Medical Transcriptionists in Mississippi financially?

From a purchasing power perspective, yes. A Medical Transcriptionists 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.

Related Salary Pages