salaryRent is lower than in 79% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.9 minutes.
How much money do I need?
To rent here comfortably, you should earn about $45,840 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other Mississippi cities?
Yes. Rent here is cheaper than in most of Mississippi. It is number 30 of 66 cities from cheapest to most expensive.
How much do households earn in Meridian?
Share of households by yearly income. 11.4% of households earn $100,000 or more.
Rent by apartment size in Meridian
| Size | Meridian | U.S. average |
|---|---|---|
| 1 bedroom | $653 | $1,324 |
| 2 bedrooms | $989 | $1,509 |
| 3 bedrooms | $1,095 | $1,698 |
| 4 bedrooms | $980 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Meridian overall?
Everyday prices in Mississippi overall are 13% below the U.S. average (index 87.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Meridian, so the Mississippi figure is shown.
Taxes and bills in Meridian
Life in Meridian
Is it cheaper to rent or buy in Meridian?
Buying is cheaper month to month: about $397 a month less than renting.
Owning assumes a typical $107,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,790 for the down payment.
Frequently asked questions
What is the average rent in Meridian, MS?
Renting in Meridian costs a median of about $1,146 a month in 2026, including utilities. The Mississippi median is $1,187.
How much do I need to make to live in Meridian?
To keep rent under 30% of income, you need about $45,840 a year, or $22 an hour at a full-time job.
Is Meridian cheap or expensive?
Meridian is rated Expensive: rent takes 34.9% of the typical household income of $39,432. It ranks 30th cheapest of 66 Mississippi cities we track.
How much are property taxes in Meridian?
The median homeowner in Meridian pays $1,332 a year in property taxes, about 1.23% of the median home value.
Is Meridian more expensive than the national average?
Overall prices in Mississippi are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Meridian?
The median home value in Meridian is $107,900, about 2.7 times the typical yearly household income.
34,137 people live in Meridian. Numbers are typical (middle) values.