Iuka, MS vs Waveland, MS
There is a significant gap in the cost of living between these two cities. Iuka is 22.3% cheaper than Waveland. 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 Waveland should plan for substantially higher expenses across most categories.
On the housing front, median rent in Iuka is $559/month compared to $828/month in Waveland — a 33% difference. Home values follow the same pattern: Iuka is more affordable at $122,200 median vs $201,800.
Median household income in Iuka is $45,805 compared to $58,795 in Waveland (-22.1%). The higher salaries in Waveland partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Iuka spend roughly 14.6% of their income on rent, less than the 16.9% in Waveland.
Climate-wise, Waveland is notably warmer with an average of 68.3°F compared to 60.7°F in Iuka. Waveland receives more rainfall at 62.8" per year compared to 57.6" in Iuka.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)