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Drew, MS vs Inverness, MS

57
Drew
Mississippi
VS
-3.5%
59
Inverness
Mississippi

Drew, MS and Inverness, MS have a very similar cost of living, with only a 3.5% difference in their overall index. Drew scores 57 while Inverness scores 59 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 Drew is $687/month compared to $550/month in Inverness — a 25% difference. Interestingly, home values tell a different story: while Inverness has cheaper rent, Drew actually has lower median home values ($60,000 vs $136,200).

Median household income in Drew is $22,407 compared to $52,250 in Inverness (-57.1%). While Inverness is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Drew spend roughly 36.8% of their income on rent, more than the 12.6% in Inverness. The Inverness ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (64°F vs 64°F). Drew receives more rainfall at 51.8" per year compared to 49" in Inverness.

Income & Cost

Cost of Living Index
Drew
57
4% cheaper
Inverness
59
Median Household Income
Drew
$22,407
Inverness
$52,250
57% higher

Housing

Median Rent
Drew
$687
Inverness
$550
20% cheaper
Median Home Value
Drew
$60,000
56% cheaper
Inverness
$136,200
Population
Drew
2,186
Inverness
757

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Drew 64°F
Inverness 64°F
Summer High
Drew 92°F
Inverness 93°F
Winter Low
Drew 35°F
Inverness 35°F
Rainfall
Drew 51.8"
Inverness 49"
Rainy Days
Drew 107d
Inverness 104d