Carthage, MS vs Greenwood, MS

Carthage, MS and Greenwood, MS have a very similar cost of living, with only a 3.1% difference in their overall index. Carthage scores 60 while Greenwood scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Carthage is $549/month compared to $743/month in Greenwood — a 26% difference. Interestingly, home values tell a different story: while Carthage has cheaper rent, Greenwood actually has lower median home values ($98,500 vs $146,800).

Median household income in Carthage is $47,304 compared to $34,659 in Greenwood (+36.5%). Carthage offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carthage spend roughly 13.9% of their income on rent, less than the 25.7% in Greenwood.

Climate-wise, both cities share similar average temperatures (63.2°F vs 64°F). Carthage receives more rainfall at 58.2" per year compared to 51.8" in Greenwood.