Booneville, MS vs Horn Lake, MS
There is a significant gap in the cost of living between these two cities. Booneville is 28.6% cheaper than Horn Lake. With a cost index of 60 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Booneville to Horn Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Booneville is $615/month compared to $1,293/month in Horn Lake — a 52% difference. Home values follow the same pattern: Booneville is more affordable at $123,500 median vs $158,900.
Median household income in Booneville is $50,112 compared to $56,847 in Horn Lake (-11.8%). Horn Lake does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Booneville spend roughly 14.7% of their income on rent, less than the 27.3% in Horn Lake.
Climate-wise, both cities share similar average temperatures (63.6°F vs 63.4°F). Booneville receives more rainfall at 57.7" per year compared to 54.9" in Horn Lake.
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