Florence, MS vs Terry, MS
Florence, MS and Terry, MS have a very similar cost of living, with only a 2% difference in their overall index. Florence scores 80 while Terry scores 78 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 Florence is $1,037/month compared to $1,125/month in Terry — a 8% difference. Interestingly, home values tell a different story: while Florence has cheaper rent, Terry actually has lower median home values ($155,800 vs $207,400).
Median household income in Florence is $86,406 compared to $48,354 in Terry (+78.7%). While Florence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Florence spend roughly 14.4% of their income on rent, less than the 27.9% in Terry.
Climate-wise, both cities share similar average temperatures (65.4°F vs 66°F). Florence receives more rainfall at 57.3" per year compared to 51.3" in Terry.
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Climate
NOAA 30-year normals (1991-2020)