What does a School Psychologists salary really buy you in Mississippi?
Mississippi is 12.7% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Mississippi's Regional Price Parity (RPP) is 87.3, meaning prices are 12.7% lower the national average. A School Psychologists earning $60,200 in Mississippi has the equivalent purchasing power of $68,957 in an average-cost US state.
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) | $41,600 | $47,651 | +$6,051 |
| 25th Percentile (P25) | $50,960 | $58,373 | +$7,413 |
| Median (P50) | $60,200 | $68,957 | +$8,757 |
| 75th Percentile (P75) | $73,260 | $83,917 | +$10,657 |
| 90th Percentile (P90) | $80,790 | $92,542 | +$11,752 |
A School Psychologists in Mississippi earns $60,200 on paper, but low living costs mean your money goes 15% further — like earning $68,957 in an average-cost state. This makes Mississippi one of the best value states for this occupation.
Where does School Psychologists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Mississippi ranks #47 out of 49 states for School Psychologists after cost-of-living adjustment.
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A School Psychologists in Mississippi earns a median salary of $60,200 per year. After adjusting for Mississippi's cost of living (RPP=87.3), the real purchasing power is $68,957 — a +14.5% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a School Psychologists in Mississippi: $60,200 x (100 / 87.3) = $68,957. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A School Psychologists 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.