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Clarksdale, MS vs New Albany, MS

62
Clarksdale
Mississippi
VS
-15.5%
73
New Albany
Mississippi

There is a significant gap in the cost of living between these two cities. Clarksdale is 15.5% cheaper than New Albany. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarksdale to New Albany should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarksdale is $762/month compared to $956/month in New Albany — a 20% difference. Home values follow the same pattern: Clarksdale is more affordable at $84,200 median vs $150,000.

Median household income in Clarksdale is $35,210 compared to $46,276 in New Albany (-23.9%). While New Albany is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarksdale spend roughly 26% of their income on rent, more than the 24.8% in New Albany.

Climate-wise, both cities share similar average temperatures (64°F vs 63.6°F). New Albany receives more rainfall at 57.7" per year compared to 49" in Clarksdale.

Income & Cost

Cost of Living Index
Clarksdale
62
15% cheaper
New Albany
73
Median Household Income
Clarksdale
$35,210
New Albany
$46,276
24% higher

Housing

Median Rent
Clarksdale
$762
20% cheaper
New Albany
$956
Median Home Value
Clarksdale
$84,200
44% cheaper
New Albany
$150,000
Population
Clarksdale
14,423
New Albany
7,661

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Clarksdale 64°F
New Albany 63.6°F
Summer High
Clarksdale 93°F
New Albany 92°F
Winter Low
Clarksdale 35°F
New Albany 34°F
Rainfall
Clarksdale 49"
New Albany 57.7"
Rainy Days
Clarksdale 104d
New Albany 115d