Hickory, MS vs Monticello, MS

There is a significant gap in the cost of living between these two cities. Monticello is 25.7% cheaper than Hickory. With a cost index of 53 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monticello to Hickory should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hickory is $845/month compared to $394/month in Monticello — a 115% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Hickory actually has lower median home values ($113,300 vs $114,200).

Median household income in Hickory is $63,750 compared to $28,920 in Monticello (+120.4%). While Hickory is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hickory spend roughly 15.9% of their income on rent, less than the 16.3% in Monticello.

Climate-wise, Monticello is notably warmer with an average of 66.2°F compared to 63.2°F in Hickory. Monticello receives more rainfall at 60.6" per year compared to 58.2" in Hickory.