Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Jackson might be more expensive than living in rural Mississippi, there are certain neighborhoods that are definitely cheaper.
What exactly are those Jackson neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Jackson are the cheapest using Saturday Night Science.
What’s the cheapest neighborhood to live in Jackson for 2024? According to the most recent census data, Skyline Dr looks to be the cheapest Jackson neighborhood to live in.
At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Jackson. You could be sacrificing location or crime rates for more space and cheaper groceries.
Read on to see how we determined the places around Jackson that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Jackson.
For more Mississippi reading, check out:
- Best Places To Live In Mississippi
- Cheapest Places To Live In Mississippi
- Cheapest Cities To Live In America
- Cheapest States To Live In America
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Cheapest Neighborhoods To Live In Jackson For 2024
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Population: 1,516
Cost Of Living Index: 68 (4th cheapest)
Home Value To Income Ratio: 1.5 (11th cheapest)
Rent To Income Ratio: 0.022 (36th cheapest)
More on Skyline Dr: Data | Real Estate
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Population: 732
Cost Of Living Index: 74 (40th cheapest)
Home Value To Income Ratio: 1.5 (15th cheapest)
Rent To Income Ratio: 0.016 (7th cheapest)
More on Larchmont: Data | Real Estate
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Population: 87
Cost Of Living Index: 74 (40th cheapest)
Home Value To Income Ratio: 1.1 (3rd cheapest)
Rent To Income Ratio: 0.019 (20th cheapest)
More on Pine Hills: Data | Real Estate
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Population: 2,259
Cost Of Living Index: 74 (40th cheapest)
Home Value To Income Ratio: 1.4 (10th cheapest)
Rent To Income Ratio: 0.018 (17th cheapest)
More on Willow Wood: Data | Real Estate
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Population: 1,931
Cost Of Living Index: 72 (20th cheapest)
Home Value To Income Ratio: 1.2 (4th cheapest)
Rent To Income Ratio: 0.025 (54th cheapest)
More on Englewood: Data | Real Estate
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Population: 838
Cost Of Living Index: 68 (4th cheapest)
Home Value To Income Ratio: 1.8 (25th cheapest)
Rent To Income Ratio: 0.024 (50th cheapest)
More on Utha Street: Data | Real Estate
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Population: 700
Cost Of Living Index: 81 (72nd cheapest)
Home Value To Income Ratio: 1.0 (2nd cheapest)
Rent To Income Ratio: 0.016 (6th cheapest)
More on Mcleod: Data | Real Estate
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Population: 3,500
Cost Of Living Index: 73 (3cheapest)
Home Value To Income Ratio: 1.8 (32nd cheapest)
Rent To Income Ratio: 0.019 (25th cheapest)
More on Virden: Data | Real Estate
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Population: 350
Cost Of Living Index: 78 (64th cheapest)
Home Value To Income Ratio: 1.7 (22nd cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Brookhollow: Data | Real Estate
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Population: 14,344
Cost Of Living Index: 75 (48th cheapest)
Home Value To Income Ratio: 1.4 (6th cheapest)
Rent To Income Ratio: 0.021 (34th cheapest)
More on Citizens Southwest: Data | Real Estate
Methodology: How We Determined The Cheapest Jackson Hoods In 2024
To rank the cheapest places to live in Jackson, we had to determine what criteria define “cheap” and then apply Saturday Night Science.
Using Census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 95 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Jackson.” We’re lookin’ at you, Skyline Dr.
We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Jackson. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.
Summary: Lowest Cost Places To Live In Jackson
If you’re measuring the neighborhoods in Jackson where prices are low, and it’s cheap to live, this is an accurate list.
The most affordable neighborhoods in Jackson are Skyline Dr, Larchmont, Pine Hills, Willow Wood, Englewood, Utha Street, Mcleod, Virden, Brookhollow, and Citizens Southwest.
As mentioned earlier, the neighborhoods in Jackson aren’t all cheap. The Northwood takes the title of the most expensive neighborhood to live in Jackson.
The most expensive neighborhoods in Jackson are The Northwood, North Park And Ridgecrest, Hanging Moss East, North Pointe, and Ashley Acres.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Mississippi reading, check out:
- Most Dangerous Cities In Mississippi
- Richest Cities In Mississippi
- Safest Places In Mississippi
- Worst Places To Live In Mississippi