Greenwood, MS vs Richland, MS

There is a significant gap in the cost of living between these two cities. Greenwood is 19.4% cheaper than Richland. With a cost index of 62 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Greenwood to Richland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Greenwood is $743/month compared to $1,146/month in Richland — a 35% difference. Home values follow the same pattern: Greenwood is more affordable at $98,500 median vs $131,300.

Median household income in Greenwood is $34,659 compared to $63,611 in Richland (-45.5%). While Richland 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 21.6% in Richland.

Climate-wise, both cities share similar average temperatures (64°F vs 65.4°F). Richland receives more rainfall at 57.3" per year compared to 51.8" in Greenwood.