Startup Costs in Mississippi

LLC Fee
$50
Sales Tax
7.00%
Min Wage
$7.25/hr

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.

Cities: Jackson, Gulfport, Hattiesburg, BiloxiIndustries: Agriculture, Manufacturing, Military, Tourism

Mississippi Cost Guides (10)