Greenwood, MS vs Louisville, MS

Louisville is moderately more affordable than Greenwood, with a 5.2% lower cost of living index. Greenwood scores 62 compared to 59 for Louisville, where the US average is 100. This difference means residents of Greenwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greenwood is $743/month compared to $539/month in Louisville — a 38% difference. Interestingly, home values tell a different story: while Louisville has cheaper rent, Greenwood actually has lower median home values ($98,500 vs $135,800).

Median household income in Greenwood is $34,659 compared to $37,679 in Louisville (-8%). Louisville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Greenwood spend roughly 25.7% of their income on rent, more than the 17.2% in Louisville.

Climate-wise, both cities share similar average temperatures (64°F vs 65.9°F). Louisville receives more rainfall at 54.8" per year compared to 51.8" in Greenwood.