Gulf Park Estates, MS vs Hernando, MS

Gulf Park Estates, MS and Hernando, MS have a very similar cost of living, with only a 1.3% difference in their overall index. Gulf Park Estates scores 89 while Hernando scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gulf Park Estates is $1,389/month compared to $1,163/month in Hernando — a 19% difference. Interestingly, home values tell a different story: while Hernando has cheaper rent, Gulf Park Estates actually has lower median home values ($196,800 vs $282,200).

Median household income in Gulf Park Estates is $62,100 compared to $71,451 in Hernando (-13.1%). While Hernando is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gulf Park Estates spend roughly 26.8% of their income on rent, more than the 19.5% in Hernando.

Climate-wise, Gulf Park Estates is notably warmer with an average of 67.8°F compared to 63.4°F in Hernando. Gulf Park Estates receives more rainfall at 61.7" per year compared to 54.9" in Hernando.