Caledonia, MS vs Water Valley, MS

The cost of living difference between Caledonia, MS and Water Valley, MS is dramatic. Water Valley is 30.5% cheaper than Caledonia, a gap that translates to thousands of dollars per year in household expenses. Caledonia has a cost index of 76 while Water Valley sits at 59, 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 Caledonia is $1,008/month compared to $592/month in Water Valley — a 70% difference. Home values follow the same pattern: Water Valley is more affordable at $111,000 median vs $175,000.

Median household income in Caledonia is $81,741 compared to $47,167 in Water Valley (+73.3%). 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 15.1% in Water Valley.

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