Cost of Living: Olive Branch, MS vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Olive Branch, MS versus $4,116/mo in New York, NY. In the model, rent is about 23.45% of gross in Olive Branch, MS versus 25.92% in New York, NY, so Olive Branch, MS tends to feel more affordable for rent.

Take-home in Olive Branch, MS
$4,224/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Olive Branch, MS
23.45%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Olive Branch, MS and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Olive Branch, MS
  • Lower rent (median 1BR/2BR): Olive Branch, MS
  • Lower home prices: Olive Branch, MS
  • Higher median household income: Olive Branch, MS

Cost of Living Index

Olive Branch, MS: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Olive Branch, MS has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Olive Branch, MS: $1,529/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $161/mo higher than in Olive Branch, MS.

Median Home Price

Olive Branch, MS: $269,900 · New York, NY: $751,700

Median home price in New York, NY is $481,800 higher than in Olive Branch, MS.

Median Household Income

Olive Branch, MS: $98,421 · New York, NY: $79,713

Olive Branch, MS has a higher median household income than New York, NY by $18,708.

Olive Branch, MS overview · New York, NY overview · Popular comparisons