Coldwater, MS vs Louin, MS
There is a significant gap in the cost of living between these two cities. Coldwater is 20.6% cheaper than Louin. With a cost index of 68 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Coldwater to Louin should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Coldwater are $85,400 compared to $172,700 in Louin, a 51% gap.
Median household income in Coldwater is $41,484 compared to $52,679 in Louin (-21.3%). While Louin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, both cities share similar average temperatures (63.4°F vs 63.2°F). Louin receives more rainfall at 58.2" per year compared to 54.9" in Coldwater.
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Climate
NOAA 30-year normals (1991-2020)