Hernando, MS vs Madison, MS
There is a significant gap in the cost of living between these two cities. Hernando is 20.1% cheaper than Madison. With a cost index of 91 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hernando to Madison should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hernando is $1,163/month compared to $1,798/month in Madison — a 35% difference. Home values follow the same pattern: Hernando is more affordable at $282,200 median vs $334,700.
Median household income in Hernando is $71,451 compared to $120,918 in Madison (-40.9%). While Madison is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hernando spend roughly 19.5% of their income on rent, more than the 17.8% in Madison.
Climate-wise, both cities share similar average temperatures (63.4°F vs 66°F). Hernando receives more rainfall at 54.9" per year compared to 51.3" in Madison.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)