New Albany, MS vs Newton, MS

There is a significant gap in the cost of living between these two cities. Newton is 21.8% cheaper than New Albany. With a cost index of 60 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newton to New Albany should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Albany is $956/month compared to $709/month in Newton — a 35% difference. Home values follow the same pattern: Newton is more affordable at $82,700 median vs $150,000.

Median household income in New Albany is $46,276 compared to $34,286 in Newton (+35%). While New Albany is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Albany spend roughly 24.8% of their income on rent, less than the 24.8% in Newton.

Climate-wise, both cities share similar average temperatures (63.6°F vs 63.2°F). Newton receives more rainfall at 58.2" per year compared to 57.7" in New Albany.