Farmington, MS vs Louisville, MS

There is a significant gap in the cost of living between these two cities. Louisville is 17% cheaper than Farmington. With a cost index of 59 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Louisville to Farmington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmington is $879/month compared to $539/month in Louisville — a 63% difference. Interestingly, home values tell a different story: while Louisville has cheaper rent, Farmington actually has lower median home values ($132,300 vs $135,800).

Median household income in Farmington is $50,294 compared to $37,679 in Louisville (+33.5%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 21% of their income on rent, more than the 17.2% in Louisville.

Climate-wise, Louisville is notably warmer with an average of 65.9°F compared to 60.7°F in Farmington. Farmington receives more rainfall at 57.6" per year compared to 54.8" in Louisville.