Friars Point, MS vs Okolona, MS
There is a significant gap in the cost of living between these two cities. Friars Point is 15.1% cheaper than Okolona. With a cost index of 49 vs 58, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Friars Point to Okolona should plan for substantially higher expenses across most categories.
On the housing front, median rent in Friars Point is $430/month compared to $643/month in Okolona — a 33% difference. Home values follow the same pattern: Friars Point is more affordable at $54,100 median vs $81,100.
Median household income in Friars Point is $21,181 compared to $34,400 in Okolona (-38.4%). While Okolona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Friars Point spend roughly 24.4% of their income on rent, more than the 22.4% in Okolona.
Climate-wise, both cities share similar average temperatures (62.6°F vs 63.6°F). Okolona receives more rainfall at 57.7" per year compared to 50.4" in Friars Point.
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Climate
NOAA 30-year normals (1991-2020)