Inverness, MS vs Taylor, MS
There is a significant gap in the cost of living between these two cities. Inverness is 26.4% cheaper than Taylor. With a cost index of 59 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Inverness to Taylor should plan for substantially higher expenses across most categories.
On the housing front, median rent in Inverness is $550/month compared to $875/month in Taylor — a 37% difference. Home values follow the same pattern: Inverness is more affordable at $136,200 median vs $275,000.
Median household income in Inverness is $52,250 compared to $79,167 in Taylor (-34%). While Taylor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Inverness spend roughly 12.6% of their income on rent, less than the 13.3% in Taylor.
Climate-wise, Inverness is notably warmer with an average of 64°F compared to 59.6°F in Taylor. Taylor receives more rainfall at 55.5" per year compared to 49" in Inverness.
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Climate
NOAA 30-year normals (1991-2020)