Hickory, MS Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Mississippi / No Metro Area / Newton County / Hickory / Zip Codes

Hickory cost of living score
74.5
Less expensive
25.5% lower
than the US average
5.3% lower
than the Mississippi average
Hickory, Mississippi gets a BestPlaces Cost of Living score of 74.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.5% lower than the U.S. average and 5.3% higher than the average for Mississippi.

Hickory, MS

Housing costs in Hickory?
A typical home costs $152,200, which is 55.0% less expensive than the national average of $338,100 and 2.0% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Hickory costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 17.1% cheaper than the state average of $890.

Can I afford Hickory?
To live comfortably in Hickory, Mississippi, a minimum annual income of $29,160 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Hickory?
The cost of living in Hickory, MS is relatively low compared to many other parts of the nation. The median home value is around $85,000 and the median household income is just over $32,000. The cost of groceries and other basic necessities are also quite reasonable. The unemployment rate in Hickory stands at 4.2%, lower than the national average, making it a great place for those looking for more affordable living costs while still keeping a job or starting a business. Additionally, property taxes in Hickory are below the national average and tax cuts have been implemented recently to make it even more attractive for new residents.
   Cost of living score
     CategoriesHickoryMississippiUnited States
  74.578.7100.0
  95.294.9100
  105.9101.9100.0
  41.048.6100.0
  $152,200$155,300$338,100
  102.2%97.1%100.0%
  79.583.4100.0
  58.363.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Hickory, MS cost of living
Compare food, housing, utilities, and more in Hickory, Mississippi to any other city in the US.