Booneville, MS vs Oxford, MS

The cost of living difference between Booneville, MS and Oxford, MS is dramatic. Booneville is 34.5% cheaper than Oxford, a gap that translates to thousands of dollars per year in household expenses. Booneville has a cost index of 60 while Oxford sits at 92, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Booneville is $615/month compared to $1,093/month in Oxford — a 44% difference. Home values follow the same pattern: Booneville is more affordable at $123,500 median vs $333,400.

Median household income in Booneville is $50,112 compared to $59,901 in Oxford (-16.3%). Oxford 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 21.9% in Oxford.

Climate-wise, Booneville is notably warmer with an average of 63.6°F compared to 59.6°F in Oxford. Booneville receives more rainfall at 57.7" per year compared to 55.5" in Oxford.