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Gloster, MS vs Water Valley, MS

55
Gloster
Mississippi
VS
-6.1%
59
Water Valley
Mississippi

Gloster is moderately more affordable than Water Valley, with a 6.1% lower cost of living index. Gloster scores 55 compared to 59 for Water Valley, where the US average is 100. This difference means residents of Water Valley can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gloster is $576/month compared to $592/month in Water Valley — a 3% difference. Home values follow the same pattern: Gloster is more affordable at $73,400 median vs $111,000.

Median household income in Gloster is $22,500 compared to $47,167 in Water Valley (-52.3%). While Water Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gloster spend roughly 30.7% of their income on rent, more than the 15.1% in Water Valley. The Water Valley ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Gloster is notably warmer with an average of 66.2°F compared to 59.6°F in Water Valley. Gloster receives more rainfall at 60.6" per year compared to 55.5" in Water Valley.

Income & Cost

Cost of Living Index
Gloster
55
6% cheaper
Water Valley
59
Median Household Income
Gloster
$22,500
Water Valley
$47,167
52% higher

Housing

Median Rent
Gloster
$576
3% cheaper
Water Valley
$592
Median Home Value
Gloster
$73,400
34% cheaper
Water Valley
$111,000
Population
Gloster
1,189
Water Valley
3,380

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Gloster 66.2°F
Water Valley 59.6°F
Summer High
Gloster 91°F
Water Valley 89°F
Winter Low
Gloster 38°F
Water Valley 29°F
Rainfall
Gloster 60.6"
Water Valley 55.5"
Rainy Days
Gloster 121d
Water Valley 119d