Greenwood, MS vs Oxford, MS

The cost of living difference between Greenwood, MS and Oxford, MS is dramatic. Greenwood is 32.6% cheaper than Oxford, a gap that translates to thousands of dollars per year in household expenses. Greenwood has a cost index of 62 while Oxford sits at 92, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Greenwood is $743/month compared to $1,093/month in Oxford — a 32% difference. Home values follow the same pattern: Greenwood is more affordable at $98,500 median vs $333,400.

Median household income in Greenwood is $34,659 compared to $59,901 in Oxford (-42.1%). While Oxford 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, more than the 21.9% in Oxford.

Climate-wise, Greenwood is notably warmer with an average of 64°F compared to 59.6°F in Oxford. Oxford receives more rainfall at 55.5" per year compared to 51.8" in Greenwood.