City Comparison

Jackson vs London

Cost of Living Comparison · 2026

Jackson

Mississippi
82
Very Affordable
$125,000
Median Home
$900/mo
Median Rent
$36,528
Median Income

London

United Kingdom
115
Above Average
$695,000
Median Home
$2,400/mo
Median Rent
$55,000
Median Income

The Verdict

28.7%

Living in Jackson costs 28.7% less than London. To match the purchasing power of a $75,000 salary in Jackson, you would need $105,183 in London.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
56
Jackson
162
London
Groceries
95
Jackson
92
London
Utilities
86
Jackson
112
London
Transportation
97
Jackson
125
London
Healthcare
88
Jackson
78
London

Salary Equivalence

A $75,000 salary in Jackson has the same purchasing power as $105,183 in London.

Conversely, $75,000 in London equals $53,478 in Jackson.

Living in Jackson vs London

Housing Costs

Jackson's housing index of 56 is lower London's 162, translating to median home prices of $125,000 vs $695,000. The $570,000 difference in home prices means roughly $37,056 per year in additional mortgage costs at current rates. Renters face a similar gap: $900/mo in Jackson compared to $2,400/mo in London, a monthly difference of $1,500.

Grocery & Food Costs

Grocery expenses index at 95 in Jackson and 92 in London. A household spending the national average of $475/month on groceries would pay approximately $451/month in Jackson vs $437/month in London. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 86 in Jackson and 112 in London. Monthly utility bills average approximately $344 in Jackson vs $448 in London. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 88 in Jackson and 78 in London. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $36,528 in Jackson and $55,000 in London. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,546 and $47,826 respectively. London residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $852/month to housing in Jackson vs $1,283/month in London. In Jackson, median rent of $900/mo exceeds this threshold, suggesting renters may feel stretched. In London, median rent of $2,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 106 index points — focus your budget analysis there.

Frequently Asked Questions

Jackson is 28.7% more affordable overall with an index of 82 vs 115.
A $75,000 salary in Jackson has equivalent purchasing power to approximately $105,183 in London, based on the cost of living difference.
Jackson's housing index is 56 with median homes at $125,000, while London's is 162 with median homes at $695,000.

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