Mississippi's minimum wage of $7.25 in 2026 is below average in the United States, and it is the same as than the base federal minimum wage of $7.25 still used in 20 states.
Assuming a standard 40-hour work week, the weekly minimum wage in Mississippi is $290. For full-time employees working 52 weeks per year, the annual minimum wage in Mississippi is $15.1K.
Based on $7.25/hr minimum
Based on $7.25/hr minimum
The minimum wage rate of Mississippi and its neighboring states ranges from $7.25 to $11, with an average of $7.88. Mississippi, at $7.25, has the lowest hourly minimum wage within this group of states. Arkansas ($11) has higher hourly rates than Mississippi. Alabama, Georgia, Louisiana, and Tennessee share the same $7.25 hourly rate as Mississippi.
Mississippi's cost of living index for 2025 is 87.3, which places it as the 51st most expensive state to live in the United States.
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Assuming a standard 40-hour work week, the real wage in Mississippi, adjusted for the state’s cost of living index of 87.3, is approximately $8.30 per hour. This means that while the nominal minimum wage is $7.25 per hour, the purchasing power of those earnings is higher due to Mississippi's lower cost of living expenses. For full-time employees, the real weekly earnings amount to roughly $332.19, translating to an annual purchasing power of $17,273.77 when working 52 weeks per year.
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According to the most recent data, the median household income in the United States has seen a significant increase in 2023.
Mississippi does not have a state minimum wage law, so most workers are covered by the federal minimum wage established under the Fair Labor Standards Act. The rate has remained unchanged since 2009, and any future increases depend on federal legislation rather than state-level indexing or adjustment.