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Shannon, MS vs Walnut, MS

63
Shannon
Mississippi
VS
-20%
79
Walnut
Mississippi

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.

Income & Cost

Cost of Living Index
Shannon
63
20% cheaper
Walnut
79
Median Household Income
Shannon
$42,208
35% higher
Walnut
$27,396

Housing

Median Rent
Shannon
$723
Walnut
Median Home Value
Shannon
$120,200
Walnut
$84,700
30% cheaper
Population
Shannon
1,719
Walnut
633

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Shannon
Walnut $2.89
US $3.07
🥚
Eggs (grade A, large)
Shannon
Walnut $2.36
US $2.50
🥛
Milk (whole)
Shannon
Walnut $3.80
US $4.03
🍞
Bread (white)
Shannon
Walnut $1.75
US $1.85
🍗
Chicken breast
Shannon
Walnut $3.91
US $4.14
Electricity
Shannon
Walnut $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Shannon 63.6°F
Walnut 59.6°F
Summer High
Shannon 92°F
Walnut 89°F
Winter Low
Shannon 34°F
Walnut 29°F
Rainfall
Shannon 57.7"
Walnut 55.5"
Rainy Days
Shannon 115d
Walnut 119d