Diamondhead, MS vs New Hope, MS

There is a significant gap in the cost of living between these two cities. New Hope is 24.1% cheaper than Diamondhead. With a cost index of 79 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Hope to Diamondhead should plan for substantially higher expenses across most categories.

On the housing front, median rent in Diamondhead is $1,571/month compared to $963/month in New Hope — a 63% difference. Home values follow the same pattern: New Hope is more affordable at $223,900 median vs $236,700.

Median household income in Diamondhead is $86,208 compared to $79,250 in New Hope (+8.8%). Diamondhead does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Diamondhead spend roughly 21.9% of their income on rent, more than the 14.6% in New Hope.

Climate-wise, Diamondhead is notably warmer with an average of 68.3°F compared to 64°F in New Hope. Diamondhead receives more rainfall at 62.8" per year compared to 60" in New Hope.