Farmington, MS vs Mississippi Valley State University, MS
There is a significant gap in the cost of living between these two cities. Farmington is 15.4% cheaper than Mississippi Valley State University. With a cost index of 69 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to Mississippi Valley State University should plan for substantially higher expenses across most categories.
Renters will find that Farmington has a median rent of $879/month while Mississippi Valley State University comes in at $828/month, a 6% difference.
Median household income in Farmington is $50,294 compared to $73,242 in Mississippi Valley State University (-31.3%). 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 Farmington spend roughly 21% of their income on rent, more than the 13.6% in Mississippi Valley State University.
Climate-wise, Mississippi Valley State University is notably warmer with an average of 64°F compared to 60.7°F in Farmington. Farmington receives more rainfall at 57.6" per year compared to 51.8" in Mississippi Valley State University.
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NOAA 30-year normals (1991-2020)