Lake, MS vs Mound Bayou, MS
Mound Bayou is moderately more affordable than Lake, with a 13.4% lower cost of living index. Lake scores 60 compared to 53 for Mound Bayou, where the US average is 100. This difference means residents of Lake can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lake is $739/month compared to $532/month in Mound Bayou — a 39% difference. Home values follow the same pattern: Mound Bayou is more affordable at $63,100 median vs $73,900.
Median household income in Lake is $37,813 compared to $23,194 in Mound Bayou (+63%). While Lake 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 27.5% in Mound Bayou.
Climate-wise, both cities share similar average temperatures (63.2°F vs 64°F). Lake receives more rainfall at 58.2" per year compared to 49" in Mound Bayou.
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Climate
NOAA 30-year normals (1991-2020)