Caledonia, MS vs Magnolia, MS
There is a significant gap in the cost of living between these two cities. Magnolia is 20.5% cheaper than Caledonia. With a cost index of 63 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Magnolia to Caledonia should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caledonia is $1,008/month compared to $890/month in Magnolia — a 13% difference. Home values follow the same pattern: Magnolia is more affordable at $60,000 median vs $175,000.
Median household income in Caledonia is $81,741 compared to $37,447 in Magnolia (+118.3%). While Caledonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caledonia spend roughly 14.8% 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 Caledonia.
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Climate
NOAA 30-year normals (1991-2020)