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Liberty, MS vs Nicholson, MS

53
Liberty
Mississippi
VS
-19%
65
Nicholson
Mississippi

There is a significant gap in the cost of living between these two cities. Liberty is 19% cheaper than Nicholson. With a cost index of 53 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Liberty to Nicholson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Liberty is $415/month compared to $852/month in Nicholson — a 51% difference. Interestingly, home values tell a different story: while Liberty has cheaper rent, Nicholson actually has lower median home values ($98,500 vs $104,300).

Median household income in Liberty is $42,829 compared to $46,468 in Nicholson (-7.8%). Nicholson does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Liberty spend roughly 11.6% of their income on rent, less than the 22% in Nicholson.

Climate-wise, both cities share similar average temperatures (66.2°F vs 67.7°F). Nicholson receives more rainfall at 61.9" per year compared to 60.6" in Liberty.

Income & Cost

Cost of Living Index
Liberty
53
19% cheaper
Nicholson
65
Median Household Income
Liberty
$42,829
Nicholson
$46,468
8% higher

Housing

Median Rent
Liberty
$415
51% cheaper
Nicholson
$852
Median Home Value
Liberty
$104,300
Nicholson
$98,500
6% cheaper
Population
Liberty
845
Nicholson
2,523

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Liberty
Nicholson $2.90
US $3.07
🥚
Eggs (grade A, large)
Liberty
Nicholson $2.36
US $2.50
🥛
Milk (whole)
Liberty
Nicholson $3.80
US $4.03
🍞
Bread (white)
Liberty
Nicholson $1.75
US $1.85
🍗
Chicken breast
Liberty
Nicholson $3.91
US $4.14
Electricity
Liberty
Nicholson $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Liberty 66.2°F
Nicholson 67.7°F
Summer High
Liberty 91°F
Nicholson 91°F
Winter Low
Liberty 38°F
Nicholson 41°F
Rainfall
Liberty 60.6"
Nicholson 61.9"
Rainy Days
Liberty 121d
Nicholson 120d