Magnolia, MS vs Monticello, MS

There is a significant gap in the cost of living between these two cities. Monticello is 20.1% cheaper than Magnolia. With a cost index of 53 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monticello to Magnolia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Magnolia is $890/month compared to $394/month in Monticello — a 126% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Magnolia actually has lower median home values ($60,000 vs $114,200).

Median household income in Magnolia is $37,447 compared to $28,920 in Monticello (+29.5%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Magnolia spend roughly 28.5% of their income on rent, more than the 16.3% in Monticello.

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