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Collins, MS vs Latimer, MS

62
Collins
Mississippi
VS
-22.5%
80
Latimer
Mississippi

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.

Income & Cost

Cost of Living Index
Collins
62
23% cheaper
Latimer
80
Median Household Income
Collins
$35,946
Latimer
$66,016
46% higher

Housing

Median Rent
Collins
$757
33% cheaper
Latimer
$1,126
Median Home Value
Collins
$90,400
49% cheaper
Latimer
$178,500
Population
Collins
2,180
Latimer
6,474

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Collins
Latimer $2.90
US $3.07
🥚
Eggs (grade A, large)
Collins
Latimer $2.36
US $2.50
🥛
Milk (whole)
Collins
Latimer $3.80
US $4.03
🍞
Bread (white)
Collins
Latimer $1.75
US $1.85
🍗
Chicken breast
Collins
Latimer $3.91
US $4.14
Electricity
Collins
Latimer $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Collins 66.5°F
Latimer 68.3°F
Summer High
Collins 92°F
Latimer 90°F
Winter Low
Collins 38°F
Latimer 42°F
Rainfall
Collins 58.9"
Latimer 62.8"
Rainy Days
Collins 118d
Latimer 117d