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Lambert, MS vs Summit, MS

56
Lambert
Mississippi
VS
-18.4%
68
Summit
Mississippi

There is a significant gap in the cost of living between these two cities. Lambert is 18.4% cheaper than Summit. With a cost index of 56 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lambert to Summit should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lambert is $636/month compared to $936/month in Summit — a 32% difference. Home values follow the same pattern: Lambert is more affordable at $59,700 median vs $101,700.

Median household income in Lambert is $28,793 compared to $33,983 in Summit (-15.3%). The higher salaries in Summit partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lambert spend roughly 26.5% of their income on rent, less than the 33.1% in Summit. The Lambert ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (64°F vs 66.2°F). Summit receives more rainfall at 60.6" per year compared to 51.8" in Lambert.

Income & Cost

Cost of Living Index
Lambert
56
18% cheaper
Summit
68
Median Household Income
Lambert
$28,793
Summit
$33,983
15% higher

Housing

Median Rent
Lambert
$636
32% cheaper
Summit
$936
Median Home Value
Lambert
$59,700
41% cheaper
Summit
$101,700
Population
Lambert
926
Summit
2,684

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lambert 64°F
Summit 66.2°F
Summer High
Lambert 92°F
Summit 91°F
Winter Low
Lambert 35°F
Summit 38°F
Rainfall
Lambert 51.8"
Summit 60.6"
Rainy Days
Lambert 107d
Summit 121d