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Canton, MS vs Florence, MS

69
Canton
Mississippi
VS
-13.2%
80
Florence
Mississippi

Canton is moderately more affordable than Florence, with a 13.2% lower cost of living index. Canton scores 69 compared to 80 for Florence, where the US average is 100. This difference means residents of Florence can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Canton is $949/month compared to $1,037/month in Florence — a 9% difference. Home values follow the same pattern: Canton is more affordable at $111,800 median vs $207,400.

Median household income in Canton is $34,812 compared to $86,406 in Florence (-59.7%). While Florence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Canton spend roughly 32.7% of their income on rent, more than the 14.4% in Florence. The Florence ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (65.4°F vs 65.4°F). Florence receives more rainfall at 57.3" per year compared to 57.3" in Canton.

Income & Cost

Cost of Living Index
Canton
69
13% cheaper
Florence
80
Median Household Income
Canton
$34,812
Florence
$86,406
60% higher

Housing

Median Rent
Canton
$949
8% cheaper
Florence
$1,037
Median Home Value
Canton
$111,800
46% cheaper
Florence
$207,400
Population
Canton
10,863
Florence
4,647

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Canton $2.90
Florence $2.90
US $3.07
🥚
Eggs (grade A, large)
Canton $2.36
Florence $2.36
US $2.50
🥛
Milk (whole)
Canton $3.80
Florence $3.80
US $4.03
🍞
Bread (white)
Canton $1.75
Florence $1.75
US $1.85
🍗
Chicken breast
Canton $3.91
Florence $3.91
US $4.14
Electricity
Canton $0.16
Florence $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Canton 65.4°F
Florence 65.4°F
Summer High
Canton 92°F
Florence 92°F
Winter Low
Canton 37°F
Florence 37°F
Rainfall
Canton 57.3"
Florence 57.3"
Rainy Days
Canton 110d
Florence 110d