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Edwards, MS vs Summit, MS

59
Edwards
Mississippi
VS
-13.1%
68
Summit
Mississippi

Edwards is moderately more affordable than Summit, with a 13.1% lower cost of living index. Edwards scores 59 compared to 68 for Summit, where the US average is 100. This difference means residents of Summit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edwards is $657/month compared to $936/month in Summit — a 30% difference. Home values follow the same pattern: Edwards is more affordable at $97,100 median vs $101,700.

Median household income in Edwards is $38,438 compared to $33,983 in Summit (+13.1%). Edwards offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edwards spend roughly 20.5% of their income on rent, less than the 33.1% in Summit. The Edwards ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (66°F vs 66.2°F). Summit receives more rainfall at 60.6" per year compared to 51.3" in Edwards.

Income & Cost

Cost of Living Index
Edwards
59
13% cheaper
Summit
68
Median Household Income
Edwards
$38,438
12% higher
Summit
$33,983

Housing

Median Rent
Edwards
$657
30% cheaper
Summit
$936
Median Home Value
Edwards
$97,100
5% cheaper
Summit
$101,700
Population
Edwards
903
Summit
2,684

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Edwards 66°F
Summit 66.2°F
Summer High
Edwards 92°F
Summit 91°F
Winter Low
Edwards 38°F
Summit 38°F
Rainfall
Edwards 51.3"
Summit 60.6"
Rainy Days
Edwards 109d
Summit 121d