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Cost & Benefits

Cost of living in Florence, Mississippi

Simple answer

Typical rent is $923 a month.

Florence is a city in Mississippi. That rent number includes utilities. A typical household earns $86,308 a year.

Is Florence affordable?See benefits in Florence
People
4,696
Census average, 2020–2024
Typical rent
$923
Median gross rent, includes utilities
Typical pay
$86,308
Median household income, yearly
Typical home
$230,800
Median home value
2-bedroom fair rent
$1,289
Jackson, MS HUD Metro FMR Area

Florence, Mississippi has about 4,696 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $230,800.

HUD's fair-market rent for a 2-bedroom in Rankin County is $1,289 a month. That is the county number, not an apartment listing in Florence. It runs from October 2026 through September 2027.

In the Jackson, MS metro area, prices sit at 89.0 when the U.S. average is 100. That is a 2024 BEA index.

Mississippi taxes wages. A typical combined sales tax is 7.1% as of January 1, 2026. That mix is statewide, not Florence's exact store tax.

In July 2026, a typical Mississippi home paid 14.54¢ per kilowatt-hour. That is a state average from EIA, not Florence's bill.

EIA did not publish a 2025 all-grades gas price for Mississippi in the table we use.

Among 172 places we list in Mississippi with a rent figure, 65 have higher typical rent than Florence.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near FlorenceWhat EBT can buy in Mississippi

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Mississippi

Bigger places in Mississippi

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.