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Greenwood, MS vs Waveland, MS

62
Greenwood
Mississippi
VS
-14.7%
73
Waveland
Mississippi

Greenwood is moderately more affordable than Waveland, with a 14.7% lower cost of living index. Greenwood scores 62 compared to 73 for Waveland, where the US average is 100. This difference means residents of Waveland 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 $828/month in Waveland — a 10% difference. Home values follow the same pattern: Greenwood is more affordable at $98,500 median vs $201,800.

Median household income in Greenwood is $34,659 compared to $58,795 in Waveland (-41.1%). While Waveland 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 16.9% in Waveland.

Climate-wise, Waveland is notably warmer with an average of 68.3°F compared to 64°F in Greenwood. Waveland receives more rainfall at 62.8" per year compared to 51.8" in Greenwood.

Income & Cost

Cost of Living Index
Greenwood
62
15% cheaper
Waveland
73
Median Household Income
Greenwood
$34,659
Waveland
$58,795
41% higher

Housing

Median Rent
Greenwood
$743
10% cheaper
Waveland
$828
Median Home Value
Greenwood
$98,500
51% cheaper
Waveland
$201,800
Population
Greenwood
13,983
Waveland
7,066

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greenwood $2.90
Waveland $2.90
US $3.07
🥚
Eggs (grade A, large)
Greenwood $2.36
Waveland $2.36
US $2.50
🥛
Milk (whole)
Greenwood $3.80
Waveland $3.80
US $4.03
🍞
Bread (white)
Greenwood $1.75
Waveland $1.75
US $1.85
🍗
Chicken breast
Greenwood $3.91
Waveland $3.91
US $4.14
Electricity
Greenwood $0.16
Waveland $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Greenwood 64°F
Waveland 68.3°F
Summer High
Greenwood 92°F
Waveland 90°F
Winter Low
Greenwood 35°F
Waveland 42°F
Rainfall
Greenwood 51.8"
Waveland 62.8"
Rainy Days
Greenwood 107d
Waveland 117d