Cost of Living in Pascagoula, MS

How far does a $70,000 salary go in Pascagoula? Estimated income taxes on that gross salary total approximately $9,953 per year — combining federal taxes with Mississippi's state income tax. Subtract rent for a 2-bedroom apartment ($1,067/month based on HUD Fair Market Rents for the Pascagoula metro area) and the estimated annual take-home is $47,243, or roughly $3,937 per month for everything else: food, transportation, savings, and discretionary spending.

At a $70,000 salary, the estimated 2-bedroom rent in Pascagoula represents approximately 18% of gross income. That is well within the 30% rule of thumb that financial advisors typically recommend, leaving significant room for savings and discretionary spending.