Goodman, MS vs Newton, MS
There is a significant gap in the cost of living between these two cities. Goodman is 23.4% cheaper than Newton. With a cost index of 46 vs 60, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Goodman to Newton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Goodman is $372/month compared to $709/month in Newton — a 48% difference. Home values follow the same pattern: Goodman is more affordable at $37,200 median vs $82,700.
Median household income in Goodman is $14,722 compared to $34,286 in Newton (-57.1%). While Newton 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 24.8% in Newton. The Newton 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 63.2°F). Newton receives more rainfall at 58.2" per year compared to 51.8" in Goodman.
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