Coldwater, MS vs Hazlehurst, MS
There is a significant gap in the cost of living between these two cities. Hazlehurst is 22% cheaper than Coldwater. With a cost index of 56 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hazlehurst to Coldwater should plan for substantially higher expenses across most categories.
On the housing front, median rent in Coldwater is $951/month compared to $506/month in Hazlehurst — a 88% difference. Interestingly, home values tell a different story: while Hazlehurst has cheaper rent, Coldwater actually has lower median home values ($85,400 vs $109,400).
Median household income in Coldwater is $41,484 compared to $40,491 in Hazlehurst (+2.5%). Coldwater does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Coldwater spend roughly 27.5% of their income on rent, more than the 15% in Hazlehurst.
Climate-wise, both cities share similar average temperatures (63.4°F vs 66°F). Coldwater receives more rainfall at 54.9" per year compared to 51.3" in Hazlehurst.
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Climate
NOAA 30-year normals (1991-2020)