Collins, MS vs Latimer, MS
There is a significant gap in the cost of living between these two cities. Collins is 22.5% cheaper than Latimer. With a cost index of 62 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collins to Latimer should plan for substantially higher expenses across most categories.
On the housing front, median rent in Collins is $757/month compared to $1,126/month in Latimer — a 33% difference. Home values follow the same pattern: Collins is more affordable at $90,400 median vs $178,500.
Median household income in Collins is $35,946 compared to $66,016 in Latimer (-45.5%). While Latimer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Collins spend roughly 25.3% of their income on rent, more than the 20.5% in Latimer.
Climate-wise, both cities share similar average temperatures (66.5°F vs 68.3°F). Latimer receives more rainfall at 62.8" per year compared to 58.9" in Collins.
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Climate
NOAA 30-year normals (1991-2020)