States › Mississippi › Picayune

Is Picayune, MS expensive to live in?

ExpensiveRent takes 37 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,35823% lower than U.S. average
💵 Families earn per year (2026)$44,448about $3,704/month · 49% lower than U.S. average
🔑 House price$157,10053% lower than U.S. average

Rent is lower than in 66% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 32.1 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $54,320 a year. That is $26 an hour at a full-time job.

Is rent cheaper than other Mississippi cities?

No. Rent here is more expensive than in most of Mississippi. It is number 47 of 66 cities from cheapest to most expensive.

Picayune
$1,358
$919
$1,231
$1,413

How much do households earn in Picayune?

Under $25k
29.2%
$25k–50k
26.3%
$50k–100k
25.3%
$100k–150k
8.8%
$150k+
3.6%

Share of households by yearly income. 12.3% of households earn $100,000 or more.

Rent by apartment size in Picayune

SizePicayuneU.S. average
Studio$805$1,338
1 bedroom$376$1,324
2 bedrooms$840$1,509
3 bedrooms$1,212$1,698
4 bedrooms$1,332$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Picayune overall?

Everyday prices in Mississippi overall are 13% below the U.S. average (index 87.0, U.S. = 100).

Housing
56
Goods (food, clothes…)
96
Utilities
78
Other services
96
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Picayune, so the Mississippi figure is shown.

Taxes and bills in Picayune

🏛️ Property tax$1,302a year · 0.83% of home value · U.S. $3,119
⚡ Electric bill$184a month (typical) · U.S. $156

Life in Picayune

Commute to work32.1 minU.S.: 26.4 min
College degree16.2%U.S.: 35.7%
Own their home58.8%U.S.: 65.2%
Below poverty line20.6%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in Picayune?

Buying is cheaper month to month: about $268 a month less than renting.

Renting
$1,358
Owning
$1,090

Owning assumes a typical $157,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,710 for the down payment.

Frequently asked questions

What is the average rent in Picayune, MS?

Renting in Picayune costs a median of about $1,358 a month in 2026, including utilities. The Mississippi median is $1,187.

How much do I need to make to live in Picayune?

To keep rent under 30% of income, you need about $54,320 a year, or $26 an hour at a full-time job.

Is Picayune cheap or expensive?

Picayune is rated Expensive: rent takes 36.7% of the typical household income of $44,448. It ranks 47th cheapest of 66 Mississippi cities we track.

How much are property taxes in Picayune?

The median homeowner in Picayune pays $1,302 a year in property taxes, about 0.83% of the median home value.

Is Picayune 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 Picayune?

The median home value in Picayune is $157,100, about 3.5 times the typical yearly household income.

11,900 people live in Picayune. Numbers are typical (middle) values.