Coldwater, MS vs Morton, MS
Coldwater, MS and Morton, MS have a very similar cost of living, with only a 1.4% difference in their overall index. Coldwater scores 68 while Morton scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Coldwater is $951/month compared to $932/month in Morton — a 2% difference. Interestingly, home values tell a different story: while Morton has cheaper rent, Coldwater actually has lower median home values ($85,400 vs $90,000).
Median household income in Coldwater is $41,484 compared to $38,889 in Morton (+6.7%). 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 28.8% in Morton.
Climate-wise, both cities share similar average temperatures (63.4°F vs 65.4°F). Morton receives more rainfall at 57.3" per year compared to 54.9" in Coldwater.
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Climate
NOAA 30-year normals (1991-2020)