Horn Lake, MS
Discover how far your salary goes in Horn Lake. Compare taxes, rent, and living costs.
26,736
5.0%
$865
/month
-38%
below avg
How far would your salary go in Horn Lake?
Enter your income to get a personalized breakdown vs 50+ cities
Rent Prices in Horn Lake
Studio
$692
/month
$8,304/year
1 Bedroom
$865
/month
$10,380/year
2 Bedroom
$1,168
/month
$14,016/year
3 Bedroom
$1,513
/month
$18,156/year
Taxes in Mississippi
State Income Tax
Mississippi
For a $100k salary, that's ~$5,000/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workFrequently Asked Questions
What is the cost of living in Horn Lake, MS?▼
Horn Lake has a cost of living index of 74, which is 26% below the national average. A 1-bedroom apartment costs around $865/month.
What is the state income tax in Mississippi?▼
Mississippi has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.
How much is rent in Horn Lake?▼
The median rent for a 1-bedroom apartment in Horn Lake is $865/month. For a 2-bedroom, expect to pay around $1,168/month. This is 38% below the national average.
Is Horn Lake a good place to live?▼
Horn Lake is a town with a population of 26,736. The cost of living is very affordable, making it more affordable than average for the US.
See the complete picture for Horn Lake
Our free calculator shows your exact take-home pay, tax breakdown, and how Horn Lake compares to 50+ other cities.
Calculate My SalaryFree • No signup • 10 seconds