Hernando, MS vs Richland, MS
There is a significant gap in the cost of living between these two cities. Richland is 17.7% cheaper than Hernando. With a cost index of 77 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Richland to Hernando should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hernando is $1,163/month compared to $1,146/month in Richland — a 2% difference. Home values follow the same pattern: Richland is more affordable at $131,300 median vs $282,200.
Median household income in Hernando is $71,451 compared to $63,611 in Richland (+12.3%). The higher salaries in Hernando partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hernando spend roughly 19.5% of their income on rent, less than the 21.6% in Richland.
Climate-wise, both cities share similar average temperatures (63.4°F vs 65.4°F). Richland receives more rainfall at 57.3" per year compared to 54.9" in Hernando.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)