Booneville, MS vs Magnolia, MS

Booneville is moderately more affordable than Magnolia, with a 5% lower cost of living index. Booneville scores 60 compared to 63 for Magnolia, where the US average is 100. This difference means residents of Magnolia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Booneville is $615/month compared to $890/month in Magnolia — a 31% difference. Interestingly, home values tell a different story: while Booneville has cheaper rent, Magnolia actually has lower median home values ($60,000 vs $123,500).

Median household income in Booneville is $50,112 compared to $37,447 in Magnolia (+33.8%). Booneville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Booneville spend roughly 14.7% of their income on rent, less than the 28.5% in Magnolia.

Climate-wise, both cities share similar average temperatures (63.6°F vs 66.2°F). Magnolia receives more rainfall at 60.6" per year compared to 57.7" in Booneville.