Benefits of retiring in Mississippi

Choose the perfect moving experience by putting your trust in
the capable hands of Spyder Moving + Storage

This southern state, known for its warm hospitality, presents retirees with an appealing lifestyle that is both relaxed and rich in culture. Imagine living in a place where the cost of living is surprisingly low, allowing your retirement savings to stretch further. This financial advantage is a key reason why Mississippi stands out as an ideal retirement destination. If you are considering retiring in Mississippi, keep in mind that hiring professional movers can make your move easier. Spyder Moving and Storage guarantees your belongings are handled with care.   Mississippi’s mild climate is perfect for those who prefer to avoid strong winters. The state’s weather invites outdoor activities year-round, inspiring a healthy and active lifestyle. Beyond the nature and favorable weather, Mississippi’s communities are welcoming. The state’s small towns encourage belonging and connection, making it easy to build new friendships.

A brief overview of Mississippi

Mississippi, often known as the “Magnolia State,” is rich in southern charm and hospitality. It has a rich history and an amazing cultural landscape that attracts people from all walks of life. The state is known for its delicious cuisine, soulful music, and breathtaking landscapes. From the rolling hills in the north to the sun-kissed beaches along the Gulf Coast, Mississippi offers scenery that fascinates everyone who visits.

The Gulf Coast
With its scenic beauty, it’s understandable why so many people opt for retiring in Mississippi.

For those considering retiring in Mississippi, the state promises a calm and affordable lifestyle. Its cost of living is one of the lowest in the country, making it a smart choice for retirees. Also, the state’s communities are known for their friendliness and warmth, making newcomers feel right at home. When planning your move, Mississippi long distance movers can help you with it. These professionals specialize in handling every detail of your move, offering peace of mind as you start your new chapter in this beautiful state.

Cost of living


In Southaven, the cost of living index is 91.7, indicating that expenses are 8.3% lower than the U.S. average and 16.5% lower than the Mississippi average. Purchasing a home here costs around $240,200, significantly less than the national average but higher than the state average. Renting a two-bedroom unit averages $1,280 monthly. For a comfortable lifestyle in Southaven, a family requires a minimum annual income of $46,080, and a single person needs $44,800. Locals in Southaven, MS, regularly vouch for movers in Southaven MS for their consistent reliability and efficiency, making moves to this affordable area easy and cheap.

A person holding money
Stretch your retirement savings further in a state where affordability meets comfort.


Hernando shares the same cost of living index as Southaven at 91.7. Here, a typical home is priced at $301,700, cheaper than the national average but considerably more expensive compared to other Mississippi areas. The rent for a two-bedroom unit is about $1,110 per month. To live comfortably in Hernando, it’s recommended that a family earns at least $57,960 annually, while a single person needs around $38,800. If Hernando is your city of choice and if you are looking for a moving company, movers Hernando MS are here to help.


Tupelo presents a more affordable option with a cost of living index of 75.1, which is 24.9% lower than the national average. A typical home here costs $183,300, much lower than both national and state averages. Renting a two-bedroom apartment averages $870 monthly. Families looking to live comfortably in Tupelo should aim for an annual income of $35,280, and single individuals $28,400.

Comparing these cities, Tupelo stands out as the most cost-effective option for retiring in Mississippi, offering significantly lower housing costs and a comfortable living standard at a more affordable price. Moving companies Tupelo MS lists among its best, for those considering moving there.


Senatobia’s cost of living index stands at 83.5. The average home price is $200,700, lower than the national average but higher than Mississippi’s average. Renting a two-bedroom unit costs around $750 monthly. For a comfortable life in Senatobia, a family would need an annual income of $38,520, and a single person $26,800.

Olive Branch

Olive Branch also has a cost of living index of 91.7. A typical home in Olive Branch costs around $321,800, which is slightly lower than the national average but significantly higher than the state average. The rent for a two-bedroom unit is approximately $1,240 monthly. To live comfortably here, a family should have an income of $61,560 annually, and a single person $43,200.

Tax climate for retirees in Mississippi

Mississippi offers a welcoming tax climate for retirees. Most notably, the state does not tax most retirement income. Social Security benefits, pensions, annuity payments, and distributions from retirement accounts are largely exempt from state income tax. This policy allows retirees to keep more of their retirement income, which is a significant advantage for those settling down in the state.

The state’s income tax system is straightforward and favorable. Tax rates are low, starting at 3% for the first $5,000 of taxable income, 4% for income between $5,000 and $10,000, and capping at 5% for income over $10,000.Mississippi also provides substantial tax advantages. For instance, individuals over 65 are free from taxes on the first $13,500 of taxable income, providing substantial savings. Other residents benefit from privileges based on filing status, ranging from $6,000 for single filers to $12,000 for married couples living together.

A sign that says "TAXES"
Retiring in Mississippi offers excellent conditions, making sure you have financial peace in the Magnolia State.

The state sales tax in Mississippi is set at 7%, applicable to most goods and services. However, essential items like prescription drugs and utilities for home use are exempt from this tax. County and local governments may add an extra 1% to 2% sales tax, taking the potential maximum sales tax to 9% in certain areas. Property tax rates are also reasonable. The tax rate for homes is a flat 10% of the assessed value, while other real estate is taxed at 15%. Retirees over 65 can benefit from a property tax exemption on the first $75,000 of their home’s value.

Healthcare access and facilities

Retiring in Mississippi means having access to quality healthcare across various cities. Each city has a set of medical facilities, making sure that healthcare needs are met conveniently. These hospitals and healthcare centers are equipped to handle a range of health issues, offering peace of mind to retirees. For those moving to any of these cities, movers in Mississippi, residents frequently suggest, can allow retirees to focus on their health and well-being in their new homes.


Southaven, located near the Tennessee border, has the Baptist Memorial Hospital-DeSoto. This 339-bed acute care hospital provides a wide assortment of health services. It was the first in DeSoto County to offer open-heart surgery and continues to excel in services like cancer care, emergency and surgical procedures, and neurology. For retirees settling in Southaven, Baptist Memorial Hospital-DeSoto is a good choice for comprehensive healthcare needs.


Senatobia Healthcare and Rehab Center is a notable facility in Senatobia, specializing in post-acute care. It’s a 120-bed facility offering short and long-term rehabilitation. Their state-of-the-art physical and occupational therapy equipment is ideal for retirees seeking recovery or sustained wellness.

Olive Branch

Methodist Olive Branch Hospital is the newest addition to the Methodist healthcare system. This 100-bed facility opened in 2013 and offers services including 24-hour emergency care, gastroenterology, general surgery, and more. Its commitment to providing high-quality compassionate care makes it an excellent choice for retirees in Olive Branch.

A doctor checking up a woman
Retiring in Mississippi is complemented by excellent healthcare access, where dedicated doctors guarantee residents a calm and healthy retirement.

Close-knit communities and social opportunities

Retiring in Mississippi means joining communities where friendship and social engagement are highly valued. Each city offers opportunities to participate in local events, join clubs, and engage in cultural festivities.


Hernando is known for its social lifestyle. Firstly, the Hernando Farmer’s Market, highlighted on the city’s website, offers a chance to socialize with locals and enjoy fresh produce. The Hernando Golf and Racquet Club, with its welcoming atmosphere, is perfect for those who enjoy an active lifestyle while socializing. These venues foster a sense of community and provide ample opportunities for retirees to engage with like-minded individuals.


Tupelo, famously known as the birthplace of Elvis Presley, celebrates its heritage with events like the Tupelo Elvis Festival. This festival is a fantastic way for Elvis fans and music lovers to connect. The city’s rich musical history creates a beautiful social scene, ideal for retirees looking to enjoy cultural experiences and community gatherings.

Phonograph of vinyl records to listen to after retiring in Mississippi
Enjoy yourself in the musical legacy of Tupelo, birthplace of Elvis Presley, where the Tupelo Elvis Festival brings together vinyl lovers for an unforgettable celebration of rock ‘n’ roll history.


In Senatobia, the Back Acres Country Club stands as a social club, offering retirees a chance to connect over golf, tennis, and various social events. This club is a perfect place for building friendships and enjoying leisure activities in a supportive community. For those moving to Senatobia, Senatobia MS movers, a choice locals swear by, can guarantee an easy move, enabling new residents to calmly fit into this city’s community life.

Olive Branch

In Olive Branch, social life develops at places like the Olive Branch Country Club. This club offers golfing, tennis, and social events, providing a perfect setting for retirees to meet new people and stay active. Olive Branch’s inclusive community spirit makes it a great choice for those seeking a connected retirement life. For those planning a move to this area, movers Olive Branch MS, a service locals consistently choose, offer reliable services.


Retiring in Mississippi, particularly in Southaven, offers a multitude of engaging activities and attractions. Here are some recommended things to enjoy in Southaven:

  1. BankPlus Amphitheater at Snowden Grove: A premier outdoor venue for concerts and events, featuring big-name performers and a range of amenities.
  2. Tanger Outlets: Ideal for shopping lovers, this outlet mall offers numerous brands at discounted prices, perfect for a day of retail therapy.
  3. Southaven Recreation Center: Offers enjoyable activities like pool, darts, and foosball, along with a full bar for a fun night out.
  4. Southaven Golf Center: A well-maintained 18-hole course providing a perfect setting for golfing, suitable for beginners and seasoned players alike.
  5. Liberation Escape Rooms: Engage your mind with friends in escape rooms, offering an interactive and entertaining experience.

Easy access to major cities and attractions

Germantown, known for Great Seneca Stream Valley Park and BlackRock Center For the Arts, is within a comfortable driving distance from several Mississippi towns. From Senatobia, it’s a 45-minute drive, while from Hernando, it takes about 33 minutes by car. Southaven residents have a 21-minute car trip or the option of taking the Line 43 bus followed by the Line 50 bus. Olive Branch is the closest, only 17 minutes away by car, making it a convenient destination for a day trip.

Memphis, a city brimming with musical heritage, is another attraction close to these towns. A visit to Beale Street in Memphis is a must for music fans. This iconic street offers a deep view of blues history and modern musical acts. It’s accessible from Olive Branch in about 25 minutes by car or by taking the bus line 36. Senatobia residents can reach it in 37 minutes by car or by taxi and bus line 39. From Tupelo, the trip takes about 1 hour and 50 minutes by car or 3 hours and 44 minutes by bus line 4. Hernando is only a 28-minute drive away or 1 hour and 15 minutes by taxi and bus 39. Southaven, very close to Memphis, is a mere 15-minute drive or a 2-hour and 20-minute bus ride away, offering the quickest access to this lively city.

Vibrant city at night for retiring in Mississippi
Retiring in Mississippi provides easy access to lively cities like Memphis.

Whether it’s enjoying nature in Germantown or engaging in the music scene of Memphis, retiring in Mississippi positions you perfectly for a retirement filled with diverse experiences.

Retiring in Mississippi

Retiring in Mississippi is an exciting experience, combining affordable living, welcoming communities, and accessible healthcare. Each city in Mississippi, from Southaven to Olive Branch, has its unique beauty, making sure retirees find their perfect fit. The state’s tax benefits add to its appeal, allowing retirees to enjoy their savings to the fullest. With cultural richness in places like Memphis and Germantown close by, retirees have a lot of activities to explore. Mississippi stands as a top choice for those seeking a relaxed, culturally rich, and financially safe retirement.