Startup Costs in Mississippi
Mississippi has the lowest cost of living in the US, making it the cheapest state to launch many business types. Commercial rents, labor, and general operating costs are all well below the national average. The trade-off is lower average consumer spending and smaller market sizes. The Gulf Coast area benefits from tourism and casino-driven demand.
Mississippi (MS) by the Numbers
$50
$0
4.00%
7.00%
$7.25/hr
0.84x
0.82x
0.65x
What Mississippi's Numbers Mean for Founders
- State income tax caps at 4.00%.
- Labor costs are 18% below the national average, a margin advantage for service and retail operations.
- Commercial rent is 35% below the national average, which gives you more square footage for your budget.
- Minimum wage is the federal floor of $7.25/hour, keeping entry-level payroll low.
Mississippi Cost Guides (10)
Bakery
How much does it cost to start a bakery in Mississippi? Expect $12,000-$196,500. Mississippi-specifi
Cleaning Business
Mississippi cleaning business startup costs: $1,200-$12,000. Complete guide to Mississippi licensing
Coffee Shop
How much does it cost to start a coffee shop in Mississippi? Expect $19,500-$235,500. Mississippi-sp
Dog Grooming Business
Starting a dog grooming business in Mississippi costs $3,900-$78,500. Full Mississippi cost breakdow
Food Truck
Mississippi food truck startup costs: $22,000-$89,500. Complete guide to Mississippi licensing, hidd
Gym
Starting a gym in Mississippi costs $39,500-$393,000. Full Mississippi cost breakdown with city comp
Landscaping Business
Starting a landscaping business in Mississippi costs $3,900-$39,500. Full Mississippi cost breakdown
Personal Training Studio
Mississippi personal training studio startup costs: $15,500-$78,500. Complete guide to Mississippi l
Pressure Washing Business
Mississippi pressure washing business startup costs: $2,400-$15,500. Complete guide to Mississippi l
Restaurant
Starting a restaurant in Mississippi costs $137,500-$589,000. Full Mississippi cost breakdown with c