Shannon, MS vs Walnut, MS
There is a significant gap in the cost of living between these two cities. Shannon is 20% cheaper than Walnut. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shannon to Walnut should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Shannon are $120,200 compared to $84,700 in Walnut, a 42% gap.
Median household income in Shannon is $42,208 compared to $27,396 in Walnut (+54.1%). Shannon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, Shannon is notably warmer with an average of 63.6°F compared to 59.6°F in Walnut. Shannon receives more rainfall at 57.7" per year compared to 55.5" in Walnut.
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Climate
NOAA 30-year normals (1991-2020)