Oxford, MS vs Southaven, MS

Oxford, MS and Southaven, MS have a very similar cost of living, with only a 1% difference in their overall index. Oxford scores 92 while Southaven scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Oxford is $1,093/month compared to $1,361/month in Southaven — a 20% difference. Interestingly, home values tell a different story: while Oxford has cheaper rent, Southaven actually has lower median home values ($214,800 vs $333,400).

Median household income in Oxford is $59,901 compared to $76,159 in Southaven (-21.3%). Southaven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Oxford spend roughly 21.9% of their income on rent, more than the 21.4% in Southaven.

Climate-wise, Southaven is notably warmer with an average of 63.4°F compared to 59.6°F in Oxford. Oxford receives more rainfall at 55.5" per year compared to 54.9" in Southaven.