Magnolia, MS vs Metcalfe, MS
There is a significant gap in the cost of living between these two cities. Metcalfe is 29.7% cheaper than Magnolia. With a cost index of 49 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Metcalfe to Magnolia should plan for substantially higher expenses across most categories.
On the housing front, median rent in Magnolia is $890/month compared to $358/month in Metcalfe — a 149% difference. Interestingly, home values tell a different story: while Metcalfe has cheaper rent, Magnolia actually has lower median home values ($60,000 vs $79,500).
Median household income in Magnolia is $37,447 compared to $33,194 in Metcalfe (+12.8%). Magnolia does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Magnolia spend roughly 28.5% of their income on rent, more than the 12.9% in Metcalfe.
Climate-wise, both cities share similar average temperatures (66.2°F vs 64°F). Magnolia receives more rainfall at 60.6" per year compared to 49" in Metcalfe.
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Climate
NOAA 30-year normals (1991-2020)