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Hernando, MS vs Waveland, MS

91
Hernando
Mississippi
VS
+24.5%
73
Waveland
Mississippi

There is a significant gap in the cost of living between these two cities. Waveland is 24.5% cheaper than Hernando. With a cost index of 73 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waveland to Hernando should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hernando is $1,163/month compared to $828/month in Waveland — a 41% difference. Home values follow the same pattern: Waveland is more affordable at $201,800 median vs $282,200.

Median household income in Hernando is $71,451 compared to $58,795 in Waveland (+21.5%). The higher salaries in Hernando partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hernando spend roughly 19.5% 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 63.4°F in Hernando. Waveland receives more rainfall at 62.8" per year compared to 54.9" in Hernando.

Income & Cost

Cost of Living Index
Hernando
91
Waveland
73
20% cheaper
Median Household Income
Hernando
$71,451
18% higher
Waveland
$58,795

Housing

Median Rent
Hernando
$1,163
Waveland
$828
29% cheaper
Median Home Value
Hernando
$282,200
Waveland
$201,800
28% cheaper
Population
Hernando
17,580
Waveland
7,066

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hernando $2.89
Waveland $2.90
US $3.07
🥚
Eggs (grade A, large)
Hernando $2.36
Waveland $2.36
US $2.50
🥛
Milk (whole)
Hernando $3.80
Waveland $3.80
US $4.03
🍞
Bread (white)
Hernando $1.75
Waveland $1.75
US $1.85
🍗
Chicken breast
Hernando $3.91
Waveland $3.91
US $4.14
Electricity
Hernando $0.15
Waveland $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hernando 63.4°F
Waveland 68.3°F
Summer High
Hernando 92°F
Waveland 90°F
Winter Low
Hernando 33°F
Waveland 42°F
Rainfall
Hernando 54.9"
Waveland 62.8"
Rainy Days
Hernando 111d
Waveland 117d