Iuka, MS vs New Albany, MS

There is a significant gap in the cost of living between these two cities. Iuka is 22.4% cheaper than New Albany. With a cost index of 57 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Iuka to New Albany should plan for substantially higher expenses across most categories.

On the housing front, median rent in Iuka is $559/month compared to $956/month in New Albany — a 42% difference. Home values follow the same pattern: Iuka is more affordable at $122,200 median vs $150,000.

Median household income in Iuka is $45,805 compared to $46,276 in New Albany (-1%). New Albany does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Iuka spend roughly 14.6% of their income on rent, less than the 24.8% in New Albany.

Climate-wise, both cities share similar average temperatures (60.7°F vs 63.6°F). New Albany receives more rainfall at 57.7" per year compared to 57.6" in Iuka.