Madison, MS vs Southaven, MS

There is a significant gap in the cost of living between these two cities. Southaven is 24.5% cheaper than Madison. With a cost index of 91 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Southaven to Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $1,798/month compared to $1,361/month in Southaven — a 32% difference. Home values follow the same pattern: Southaven is more affordable at $214,800 median vs $334,700.

Median household income in Madison is $120,918 compared to $76,159 in Southaven (+58.8%). While Madison is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madison spend roughly 17.8% of their income on rent, less than the 21.4% in Southaven.

Climate-wise, both cities share similar average temperatures (66°F vs 63.4°F). Southaven receives more rainfall at 54.9" per year compared to 51.3" in Madison.