Diamondhead, MS vs Water Valley, MS

The cost of living difference between Diamondhead, MS and Water Valley, MS is dramatic. Water Valley is 67.6% cheaper than Diamondhead, a gap that translates to thousands of dollars per year in household expenses. Diamondhead has a cost index of 98 while Water Valley sits at 59, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Diamondhead is $1,571/month compared to $592/month in Water Valley — a 165% difference. Home values follow the same pattern: Water Valley is more affordable at $111,000 median vs $236,700.

Median household income in Diamondhead is $86,208 compared to $47,167 in Water Valley (+82.8%). While Diamondhead is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Diamondhead spend roughly 21.9% of their income on rent, more than the 15.1% in Water Valley.

Climate-wise, Diamondhead is notably warmer with an average of 68.3°F compared to 59.6°F in Water Valley. Diamondhead receives more rainfall at 62.8" per year compared to 55.5" in Water Valley.