Caledonia, MS vs Hickory, MS
There is a significant gap in the cost of living between these two cities. Hickory is 15.1% cheaper than Caledonia. With a cost index of 66 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hickory to Caledonia should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caledonia is $1,008/month compared to $845/month in Hickory — a 19% difference. Home values follow the same pattern: Hickory is more affordable at $113,300 median vs $175,000.
Median household income in Caledonia is $81,741 compared to $63,750 in Hickory (+28.2%). While Caledonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caledonia spend roughly 14.8% of their income on rent, less than the 15.9% in Hickory.
Climate-wise, both cities share similar average temperatures (63.6°F vs 63.2°F). Hickory receives more rainfall at 58.2" per year compared to 57.7" in Caledonia.
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Housing
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Climate
NOAA 30-year normals (1991-2020)