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Inverness, MS vs Sharon, MS

59
Inverness
Mississippi
VS
-25.5%
80
Sharon
Mississippi

There is a significant gap in the cost of living between these two cities. Inverness is 25.5% cheaper than Sharon. With a cost index of 59 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Inverness to Sharon should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Inverness are $136,200 compared to $100,100 in Sharon, a 36% gap.

Median household income in Inverness is $52,250 compared to $90,278 in Sharon (-42.1%). While Sharon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (64°F vs 66.5°F). Sharon receives more rainfall at 58.9" per year compared to 49" in Inverness.

Income & Cost

Cost of Living Index
Inverness
59
26% cheaper
Sharon
80
Median Household Income
Inverness
$52,250
Sharon
$90,278
42% higher

Housing

Median Rent
Inverness
$550
Sharon
Median Home Value
Inverness
$136,200
Sharon
$100,100
27% cheaper
Population
Inverness
757
Sharon
2,223

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Inverness 64°F
Sharon 66.5°F
Summer High
Inverness 93°F
Sharon 92°F
Winter Low
Inverness 35°F
Sharon 38°F
Rainfall
Inverness 49"
Sharon 58.9"
Rainy Days
Inverness 104d
Sharon 118d