Algoma, MS vs Newton, MS
There is a significant gap in the cost of living between these two cities. Newton is 26.5% cheaper than Algoma. With a cost index of 60 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newton to Algoma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Algoma is $910/month compared to $709/month in Newton — a 28% difference. Home values follow the same pattern: Newton is more affordable at $82,700 median vs $201,500.
Median household income in Algoma is $60,000 compared to $34,286 in Newton (+75%). While Algoma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Algoma spend roughly 18.2% of their income on rent, less than the 24.8% in Newton.
Climate-wise, both cities share similar average temperatures (63.6°F vs 63.2°F). Newton receives more rainfall at 58.2" per year compared to 57.7" in Algoma.
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Climate
NOAA 30-year normals (1991-2020)