Coldwater, MS vs Magnolia, MS

Magnolia is moderately more affordable than Coldwater, with a 7.2% lower cost of living index. Coldwater scores 68 compared to 63 for Magnolia, where the US average is 100. This difference means residents of Coldwater can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Coldwater is $951/month compared to $890/month in Magnolia — a 7% difference. Home values follow the same pattern: Magnolia is more affordable at $60,000 median vs $85,400.

Median household income in Coldwater is $41,484 compared to $37,447 in Magnolia (+10.8%). While Coldwater is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Coldwater spend roughly 27.5% of their income on rent, less than the 28.5% in Magnolia.

Climate-wise, both cities share similar average temperatures (63.4°F vs 66.2°F). Magnolia receives more rainfall at 60.6" per year compared to 54.9" in Coldwater.