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Indianola, MS vs Magnolia, MS

64
Indianola
Mississippi
VS
+1.6%
63
Magnolia
Mississippi

Indianola, MS and Magnolia, MS have a very similar cost of living, with only a 1.6% difference in their overall index. Indianola scores 64 while Magnolia scores 63 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 Indianola is $763/month compared to $890/month in Magnolia — a 14% difference. Interestingly, home values tell a different story: while Indianola has cheaper rent, Magnolia actually has lower median home values ($60,000 vs $119,100).

Median household income in Indianola is $39,275 compared to $37,447 in Magnolia (+4.9%). While Indianola is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Indianola spend roughly 23.3% of their income on rent, less than the 28.5% in Magnolia.

Climate-wise, both cities share similar average temperatures (64°F vs 66.2°F). Magnolia receives more rainfall at 60.6" per year compared to 49" in Indianola.

Income & Cost

Cost of Living Index
Indianola
64
Magnolia
63
2% cheaper
Median Household Income
Indianola
$39,275
5% higher
Magnolia
$37,447

Housing

Median Rent
Indianola
$763
14% cheaper
Magnolia
$890
Median Home Value
Indianola
$119,100
Magnolia
$60,000
50% cheaper
Population
Indianola
9,360
Magnolia
3,264

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Indianola 64°F
Magnolia 66.2°F
Summer High
Indianola 93°F
Magnolia 91°F
Winter Low
Indianola 35°F
Magnolia 38°F
Rainfall
Indianola 49"
Magnolia 60.6"
Rainy Days
Indianola 104d
Magnolia 121d