Okolona, MS vs Waveland, MS

There is a significant gap in the cost of living between these two cities. Okolona is 20.7% cheaper than Waveland. With a cost index of 58 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Okolona to Waveland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Okolona is $643/month compared to $828/month in Waveland — a 22% difference. Home values follow the same pattern: Okolona is more affordable at $81,100 median vs $201,800.

Median household income in Okolona is $34,400 compared to $58,795 in Waveland (-41.5%). While Waveland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Okolona spend roughly 22.4% of their income on rent, more than the 16.9% in Waveland.

Climate-wise, Waveland is notably warmer with an average of 68.3°F compared to 63.6°F in Okolona. Waveland receives more rainfall at 62.8" per year compared to 57.7" in Okolona.