Lake, MS vs Lumberton, MS

Lake, MS and Lumberton, MS have a very similar cost of living, with only a 4.8% difference in their overall index. Lake scores 60 while Lumberton 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 Lake is $739/month compared to $832/month in Lumberton — a 11% difference. Home values follow the same pattern: Lake is more affordable at $73,900 median vs $78,000.

Median household income in Lake is $37,813 compared to $40,050 in Lumberton (-5.6%). While Lumberton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake spend roughly 23.5% of their income on rent, less than the 24.9% in Lumberton.

Climate-wise, Lumberton is notably warmer with an average of 66.5°F compared to 63.2°F in Lake. Lumberton receives more rainfall at 58.9" per year compared to 58.2" in Lake.