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New Albany, MS vs Ruleville, MS

73
New Albany
Mississippi
VS
+24.5%
58
Ruleville
Mississippi

There is a significant gap in the cost of living between these two cities. Ruleville is 24.5% cheaper than New Albany. With a cost index of 58 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ruleville 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 $633/month in Ruleville — a 51% difference. Home values follow the same pattern: Ruleville is more affordable at $94,700 median vs $150,000.

Median household income in New Albany is $46,276 compared to $35,536 in Ruleville (+30.2%). 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, more than the 21.4% in Ruleville.

Climate-wise, both cities share similar average temperatures (63.6°F vs 64°F). New Albany receives more rainfall at 57.7" per year compared to 49" in Ruleville.

Income & Cost

Cost of Living Index
New Albany
73
Ruleville
58
20% cheaper
Median Household Income
New Albany
$46,276
23% higher
Ruleville
$35,536

Housing

Median Rent
New Albany
$956
Ruleville
$633
34% cheaper
Median Home Value
New Albany
$150,000
Ruleville
$94,700
37% cheaper
Population
New Albany
7,661
Ruleville
2,859

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Albany 63.6°F
Ruleville 64°F
Summer High
New Albany 92°F
Ruleville 93°F
Winter Low
New Albany 34°F
Ruleville 35°F
Rainfall
New Albany 57.7"
Ruleville 49"
Rainy Days
New Albany 115d
Ruleville 104d