Indianola, MS vs Magnolia, MS
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.
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Climate
NOAA 30-year normals (1991-2020)