Pensacola, FL vs Southaven, MS: Cost of Living

Which city costs less?

Southaven, MS has a modeled overall cost index 9.5% lower than Pensacola, FL.

Pensacola, FL · modeled 2BR rent: $1,515 / month
Southaven, MS · modeled 2BR rent: $1,400 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Pensacola, FL and Southaven, MS using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Pensacola, FL

Numbers update automatically as you type

Estimated savings: $689/month in Southaven, MS

$150,000 in your current city has a modeled equivalent of $141,729 in Southaven, MS

Regional cost estimates: Pensacola, FL uses Montgomery, AL. Southaven, MS uses Memphis, TN. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 9.5%

Less expensive

Monthly Impact

$689

Savings

Annual Impact

$8.3K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Pensacola, FL

Population:54K

Cost Index:

90.1

100 = national average

Typical Home:$259K

Southaven, MS

Population:57K

Cost Index:

81.5

100 = national average

Typical Home:$231K

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Pensacola, FL

The Sunshine State

54K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 54K residents.

💡 Advantage: Florida has no state income tax!

Southaven, MS

The Magnolia State

57K

Population

State Tax

Yes

Located in Mississippi, this city has a population of 57K residents.

Cost Breakdown by Category

Estimated monthly spending: Pensacola, FL vs Southaven, MS

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Pensacola, FL	Southaven, MS	Difference	Change
Housing	$2,120/mo	$1,706/mo	↓ $414less	19.5%
Transportation	$1,381/mo	$1,277/mo	↓ $104less	7.5%
Groceries	$1,071/mo	$991/mo	↓ $79.25less	7.4%
All Utilities	$604/mo	$559/mo	↓ $44.33less	7.3%
Other	$1,750/mo	$1,720/mo	↓ $30.14less	1.7%
Healthcare	$574/mo	$556/mo	↓ $18.09less	3.2%

Housing

↓ 19.5%

Pensacola, FL

$2,120

Southaven, MS

$1,706

Difference

$414

less

Transportation

↓ 7.5%

Pensacola, FL

$1,381

Southaven, MS

$1,277

Difference

$104

less

Groceries

↓ 7.4%

Pensacola, FL

$1,071

Southaven, MS

$991

Difference

$79.25

less

All Utilities

↓ 7.3%

Pensacola, FL

$604

Southaven, MS

$559

Difference

$44.33

less

Other

↓ 1.7%

Pensacola, FL

$1,750

Southaven, MS

$1,720

Difference

$30.14

less

Healthcare

↓ 3.2%

Pensacola, FL

$574

Southaven, MS

$556

Difference

$18.09

less

🏠Rent Comparison

Studio

From$1,150

To$1,170

↑ $20.00

1 Bed

From$1,295

To$1,270

↓ $25.00

2 Bed

From$1,515

To$1,400

↓ $115

3 Bed

From$2,015

To$1,850

↓ $165

Pensacola, FLZIP-level data

1BR range: $1,230–$1,710/mo

Southaven, MSZIP-level data

1BR range: $1,270–$1,270/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Pensacola, FL

$6,811

Monthly in Southaven, MS

$689

Difference

Home Values

Pensacola

Southaven

$259K

Median Value

$231K

↓ -1.6%

YoY Change

↑ +1.4%

↑ +31.8%

5-Year Change

↑ +36.6%

$140K - $358K

Price Range

$231K

Homes in Southaven are 11% less expensive than Pensacola

Calculate payment - Pensacola Calculate payment - Southaven

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $7.3K

More taxes

Monthly Difference

$613

Less take-home

Effective Rate Diff

4.9%

Rate difference

Pensacola, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Southaven, MS

Federal Income Tax

Effective: 18.9%

$25.5K

Mississippi State Tax

Effective: 4.9%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,803/month

$105.6K

Additional Tax Information

Pensacola, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Southaven, MS Tax Rates

Sales Tax:7.1%

Property Tax:0.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Pensacola

Southaven

42 Good

Air Quality

55 Moderate

69%

Good Air Days

34.4%

92 Moderate

Climate Risk

99 High

🌊🌡🌪

Top Hazards

🌊🌡🫨

▲+2.6°F

2050 Outlook

▲+2.8°F

62 days

Heat Days >95°F

54 days

▲+2.6°F

2050 Outlook

▲+2.8°F

62 days

Heat Days >95°F

54 days

Before moving from Pensacola, FL to Southaven, MS

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Southaven, MS for the same bedroom count and included utilities as your home in Pensacola, FL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Pensacola to Southaven moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Southaven, MS by cost, housing, population and region.

Frequently Asked Questions: Pensacola, FL vs Southaven, MS

How do the cost estimates for Pensacola, FL and Southaven, MS compare?

Southaven, MS has a modeled overall cost index 9.5% lower than Pensacola, FL. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Pensacola, FL, the model estimates $141,729 in Southaven, MS. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Pensacola, FL and Southaven, MS?

The modeled two-bedroom rents are $1,515/month in Pensacola, FL and $1,400/month in Southaven, MS. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Florida and Mississippi on TaxTakeHome.com