Horn Lake, MS vs Madison, MS
There is a significant gap in the cost of living between these two cities. Horn Lake is 25.6% cheaper than Madison. With a cost index of 84 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Horn Lake to Madison should plan for substantially higher expenses across most categories.
On the housing front, median rent in Horn Lake is $1,293/month compared to $1,798/month in Madison — a 28% difference. Home values follow the same pattern: Horn Lake is more affordable at $158,900 median vs $334,700.
Median household income in Horn Lake is $56,847 compared to $120,918 in Madison (-53%). 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 Horn Lake spend roughly 27.3% 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). Horn Lake receives more rainfall at 54.9" per year compared to 51.3" in Madison.
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