States › Mississippi › Tupelo

Is Tupelo, MS expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,58710% lower than U.S. average
💵 Families earn per year (2026)$71,458about $5,955/month · 18% lower than U.S. average
🔑 House price$212,80036% lower than U.S. average

Rent is lower than in 53% 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 minutes.

How much money do I need?

To rent here comfortably, you should earn about $63,480 a year. That is $31 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 57 of 66 cities from cheapest to most expensive.

Tupelo
$1,587
$1,146
$1,213
$1,950

How much do households earn in Tupelo?

Under $25k
20.0%
$25k–50k
18.9%
$50k–100k
32.9%
$100k–150k
13.1%
$150k+
8.6%

Share of households by yearly income. 21.7% of households earn $100,000 or more.

Rent by apartment size in Tupelo

SizeTupeloU.S. average
Studio$654$1,338
1 bedroom$891$1,324
2 bedrooms$1,022$1,509
3 bedrooms$1,351$1,698
4 bedrooms$1,655$2,098

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

How expensive is Tupelo 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 Tupelo, so the Mississippi figure is shown.

Taxes and bills in Tupelo

🏛️ Property tax$1,651a year · 0.78% of home value · U.S. $3,119
⚡ Electric bill$167a month (typical) · U.S. $156

Life in Tupelo

Commute to work18 minU.S.: 26.4 min
College degree34.5%U.S.: 35.7%
Own their home63.4%U.S.: 65.2%
Below poverty line15.1%U.S.: 12.5%
Unemployment5.2%U.S.: 5.2%

Is it cheaper to rent or buy in Tupelo?

Buying is cheaper month to month: about $110 a month less than renting.

Renting
$1,587
Owning
$1,477

Owning assumes a typical $212,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,280 for the down payment.

Frequently asked questions

What is the average rent in Tupelo, MS?

Renting in Tupelo costs a median of about $1,587 a month in 2026, including utilities. The Mississippi median is $1,187.

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

To keep rent under 30% of income, you need about $63,480 a year, or $31 an hour at a full-time job.

Is Tupelo cheap or expensive?

Tupelo is rated OK: rent takes 26.7% of the typical household income of $71,458. It ranks 57th cheapest of 66 Mississippi cities we track.

How much are property taxes in Tupelo?

The median homeowner in Tupelo pays $1,651 a year in property taxes, about 0.78% of the median home value.

Is Tupelo 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 Tupelo?

The median home value in Tupelo is $212,800, about 3.0 times the typical yearly household income.

37,791 people live in Tupelo. Numbers are typical (middle) values.