Canton, MS vs Oxford, MS
There is a significant gap in the cost of living between these two cities. Canton is 24.6% cheaper than Oxford. With a cost index of 69 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Canton to Oxford should plan for substantially higher expenses across most categories.
On the housing front, median rent in Canton is $949/month compared to $1,093/month in Oxford — a 13% difference. Home values follow the same pattern: Canton is more affordable at $111,800 median vs $333,400.
Median household income in Canton is $34,812 compared to $59,901 in Oxford (-41.9%). While Oxford 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 21.9% in Oxford. The Oxford ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, Canton is notably warmer with an average of 65.4°F compared to 59.6°F in Oxford. Canton receives more rainfall at 57.3" per year compared to 55.5" in Oxford.
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Climate
NOAA 30-year normals (1991-2020)