Cleveland, MS vs Oxford, MS
There is a significant gap in the cost of living between these two cities. Cleveland is 22.9% cheaper than Oxford. With a cost index of 71 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cleveland to Oxford should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cleveland is $860/month compared to $1,093/month in Oxford — a 21% difference. Home values follow the same pattern: Cleveland is more affordable at $162,300 median vs $333,400.
Median household income in Cleveland is $43,519 compared to $59,901 in Oxford (-27.3%). 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 Cleveland spend roughly 23.7% of their income on rent, more than the 21.9% in Oxford.
Climate-wise, Cleveland is notably warmer with an average of 64°F compared to 59.6°F in Oxford. Oxford receives more rainfall at 55.5" per year compared to 49" in Cleveland.
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Climate
NOAA 30-year normals (1991-2020)