Belmont, MS vs Tunica, MS
Belmont, MS and Tunica, MS have a very similar cost of living, with only a 3.5% difference in their overall index. Belmont scores 68 while Tunica scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Belmont is $766/month compared to $621/month in Tunica — a 23% difference. Interestingly, home values tell a different story: while Tunica has cheaper rent, Belmont actually has lower median home values ($160,900 vs $178,500).
Median household income in Belmont is $43,152 compared to $39,958 in Tunica (+8%). While Belmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belmont spend roughly 21.3% of their income on rent, more than the 18.6% in Tunica.
Climate-wise, Tunica is notably warmer with an average of 62.6°F compared to 59.6°F in Belmont. Belmont receives more rainfall at 58.7" per year compared to 50.4" in Tunica.
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