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St. Martin, MS vs Water Valley, MS

77
St. Martin
Mississippi
VS
+30.9%
59
Water Valley
Mississippi

The cost of living difference between St. Martin, MS and Water Valley, MS is dramatic. Water Valley is 30.9% cheaper than St. Martin, a gap that translates to thousands of dollars per year in household expenses. St. Martin has a cost index of 77 while Water Valley sits at 59, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in St. Martin is $1,040/month compared to $592/month in Water Valley — a 76% difference. Home values follow the same pattern: Water Valley is more affordable at $111,000 median vs $171,300.

Median household income in St. Martin is $53,488 compared to $47,167 in Water Valley (+13.4%). St. Martin does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of St. Martin spend roughly 23.3% of their income on rent, more than the 15.1% in Water Valley.

Climate-wise, St. Martin is notably warmer with an average of 68.3°F compared to 59.6°F in Water Valley. St. Martin receives more rainfall at 62.8" per year compared to 55.5" in Water Valley.

Income & Cost

Cost of Living Index
St. Martin
77
Water Valley
59
24% cheaper
Median Household Income
St. Martin
$53,488
12% higher
Water Valley
$47,167

Housing

Median Rent
St. Martin
$1,040
Water Valley
$592
43% cheaper
Median Home Value
St. Martin
$171,300
Water Valley
$111,000
35% cheaper
Population
St. Martin
7,797
Water Valley
3,380

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
St. Martin $2.90
Water Valley
US $3.07
🥚
Eggs (grade A, large)
St. Martin $2.36
Water Valley
US $2.50
🥛
Milk (whole)
St. Martin $3.80
Water Valley
US $4.03
🍞
Bread (white)
St. Martin $1.75
Water Valley
US $1.85
🍗
Chicken breast
St. Martin $3.91
Water Valley
US $4.14
Electricity
St. Martin $0.16
Water Valley
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
St. Martin 68.3°F
Water Valley 59.6°F
Summer High
St. Martin 90°F
Water Valley 89°F
Winter Low
St. Martin 42°F
Water Valley 29°F
Rainfall
St. Martin 62.8"
Water Valley 55.5"
Rainy Days
St. Martin 117d
Water Valley 119d