Hickory, MS vs Morgan City, MS
Hickory, MS and Morgan City, MS have a very similar cost of living, with only a 1.9% difference in their overall index. Hickory scores 66 while Morgan City scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Hickory is $845/month compared to $917/month in Morgan City — a 8% difference. Interestingly, home values tell a different story: while Hickory has cheaper rent, Morgan City actually has lower median home values ($102,500 vs $113,300).
Median household income in Hickory is $63,750 compared to $18,833 in Morgan City (+238.5%). Hickory offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hickory spend roughly 15.9% of their income on rent, less than the 58.4% in Morgan City. The Hickory ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, both cities share similar average temperatures (63.2°F vs 64°F). Hickory receives more rainfall at 58.2" per year compared to 51.8" in Morgan City.
Income & Cost
Housing
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Climate
NOAA 30-year normals (1991-2020)