Goodman, MS vs Iuka, MS
There is a significant gap in the cost of living between these two cities. Goodman is 19% cheaper than Iuka. With a cost index of 46 vs 57, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Goodman to Iuka should plan for substantially higher expenses across most categories.
On the housing front, median rent in Goodman is $372/month compared to $559/month in Iuka — a 34% difference. Home values follow the same pattern: Goodman is more affordable at $37,200 median vs $122,200.
Median household income in Goodman is $14,722 compared to $45,805 in Iuka (-67.9%). While Iuka is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goodman spend roughly 30.3% of their income on rent, more than the 14.6% in Iuka. The Iuka ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, Goodman is notably warmer with an average of 64°F compared to 60.7°F in Iuka. Iuka receives more rainfall at 57.6" per year compared to 51.8" in Goodman.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)