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Bruce, MS vs New Hope, MS

57
Bruce
Mississippi
VS
-27.4%
79
New Hope
Mississippi

There is a significant gap in the cost of living between these two cities. Bruce is 27.4% cheaper than New Hope. With a cost index of 57 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bruce to New Hope should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bruce is $647/month compared to $963/month in New Hope — a 33% difference. Home values follow the same pattern: Bruce is more affordable at $76,100 median vs $223,900.

Median household income in Bruce is $32,772 compared to $79,250 in New Hope (-58.6%). While New Hope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bruce spend roughly 23.7% of their income on rent, more than the 14.6% in New Hope.

Climate-wise, both cities share similar average temperatures (63.6°F vs 64°F). New Hope receives more rainfall at 60" per year compared to 57.7" in Bruce.

Income & Cost

Cost of Living Index
Bruce
57
27% cheaper
New Hope
79
Median Household Income
Bruce
$32,772
New Hope
$79,250
59% higher

Housing

Median Rent
Bruce
$647
33% cheaper
New Hope
$963
Median Home Value
Bruce
$76,100
66% cheaper
New Hope
$223,900
Population
Bruce
1,445
New Hope
3,587

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Bruce 63.6°F
New Hope 64°F
Summer High
Bruce 92°F
New Hope 91°F
Winter Low
Bruce 34°F
New Hope 35°F
Rainfall
Bruce 57.7"
New Hope 60"
Rainy Days
Bruce 115d
New Hope 109d