Cost of Living in Redwood, MS
Population: 264 | Mississippi
Redwood is 3% less expensive than the national average.
Cost of Living in Redwood, MS: What You Need to Know
With a cost of living index of 97, Redwood, MS is slightly more affordable than average. Living here is 3% cheaper than the national average and 26% above the Mississippi state average of 71. Redwood is a small community of 264 residents.
The median household income in Redwood is $52,796, which is 30% lower than the national median of $75,149.
Climate is another factor for anyone considering a move to Redwood. The area sees an average annual temperature of 66.1°F, with summers averaging 82°F and winters around 50°F. Annual rainfall totals 53.4 inches spread over roughly 109 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $52,796
- vs US Median ($75,149)
- -30%
Housing
Climate in Redwood
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 57 | 62 | 70 | 77 | 84 | 90 | 93 | 93 | 88 | 79 | 68 | 60 |
| Avg °F | 48 | 52 | 59 | 66 | 74 | 80 | 83 | 82 | 77 | 67 | 56 | 50 |
| Low °F | 38 | 42 | 49 | 56 | 64 | 71 | 73 | 72 | 66 | 54 | 44 | 40 |
| Rain" | 5.4 | 5.1 | 5.0 | 6.0 | 3.9 | 3.7 | 4.1 | 3.8 | 3.0 | 4.1 | 3.9 | 5.4 |