Goodman, MS vs Magnolia, MS

There is a significant gap in the cost of living between these two cities. Goodman is 27.8% cheaper than Magnolia. With a cost index of 46 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Goodman to Magnolia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Goodman is $372/month compared to $890/month in Magnolia — a 58% difference. Home values follow the same pattern: Goodman is more affordable at $37,200 median vs $60,000.

Median household income in Goodman is $14,722 compared to $37,447 in Magnolia (-60.7%). While Magnolia 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 28.5% in Magnolia. The Magnolia ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (64°F vs 66.2°F). Magnolia receives more rainfall at 60.6" per year compared to 51.8" in Goodman.