Greenwood, MS vs Horn Lake, MS
There is a significant gap in the cost of living between these two cities. Greenwood is 26.5% cheaper than Horn Lake. With a cost index of 62 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Greenwood to Horn Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Greenwood is $743/month compared to $1,293/month in Horn Lake — a 43% difference. Home values follow the same pattern: Greenwood is more affordable at $98,500 median vs $158,900.
Median household income in Greenwood is $34,659 compared to $56,847 in Horn Lake (-39%). While Horn Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenwood spend roughly 25.7% of their income on rent, less than the 27.3% in Horn Lake.
Climate-wise, both cities share similar average temperatures (64°F vs 63.4°F). Horn Lake receives more rainfall at 54.9" per year compared to 51.8" in Greenwood.
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Climate
NOAA 30-year normals (1991-2020)