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Fulton, MS vs Shannon, MS

65
Fulton
Mississippi
VS
+3.3%
63
Shannon
Mississippi

Fulton, MS and Shannon, MS have a very similar cost of living, with only a 3.3% difference in their overall index. Fulton scores 65 while Shannon scores 63 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 Fulton is $738/month compared to $723/month in Shannon — a 2% difference. Home values follow the same pattern: Shannon is more affordable at $120,200 median vs $140,300.

Median household income in Fulton is $56,620 compared to $42,208 in Shannon (+34.1%). While Fulton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fulton spend roughly 15.6% of their income on rent, less than the 20.6% in Shannon.

Climate-wise, both cities share similar average temperatures (63.6°F vs 63.6°F). Shannon receives more rainfall at 57.7" per year compared to 57.7" in Fulton.

Income & Cost

Cost of Living Index
Fulton
65
Shannon
63
3% cheaper
Median Household Income
Fulton
$56,620
25% higher
Shannon
$42,208

Housing

Median Rent
Fulton
$738
Shannon
$723
2% cheaper
Median Home Value
Fulton
$140,300
Shannon
$120,200
14% cheaper
Population
Fulton
4,511
Shannon
1,719

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fulton 63.6°F
Shannon 63.6°F
Summer High
Fulton 92°F
Shannon 92°F
Winter Low
Fulton 34°F
Shannon 34°F
Rainfall
Fulton 57.7"
Shannon 57.7"
Rainy Days
Fulton 115d
Shannon 115d