Drew, MS vs Mississippi Valley State University, MS
There is a significant gap in the cost of living between these two cities. Drew is 29.8% cheaper than Mississippi Valley State University. With a cost index of 57 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Drew to Mississippi Valley State University should plan for substantially higher expenses across most categories.
Renters will find that Drew has a median rent of $687/month while Mississippi Valley State University comes in at $828/month, a 17% difference.
Median household income in Drew is $22,407 compared to $73,242 in Mississippi Valley State University (-69.4%). While Mississippi Valley State University 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 13.6% in Mississippi Valley State University. The Mississippi Valley State University 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). Mississippi Valley State University receives more rainfall at 51.8" per year compared to 51.8" in Drew.
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NOAA 30-year normals (1991-2020)