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Magnolia, MS vs Richton, MS

63
Magnolia
Mississippi
VS
-23.2%
83
Richton
Mississippi

There is a significant gap in the cost of living between these two cities. Magnolia is 23.2% cheaper than Richton. With a cost index of 63 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Magnolia to Richton should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Magnolia are $60,000 compared to $137,600 in Richton, a 56% gap.

Median household income in Magnolia is $37,447 compared to $35,568 in Richton (+5.3%). Magnolia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (66.2°F vs 66.5°F). Magnolia receives more rainfall at 60.6" per year compared to 58.9" in Richton.

Income & Cost

Cost of Living Index
Magnolia
63
23% cheaper
Richton
83
Median Household Income
Magnolia
$37,447
5% higher
Richton
$35,568

Housing

Median Rent
Magnolia
$890
Richton
Median Home Value
Magnolia
$60,000
56% cheaper
Richton
$137,600
Population
Magnolia
3,264
Richton
1,180

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Magnolia 66.2°F
Richton 66.5°F
Summer High
Magnolia 91°F
Richton 92°F
Winter Low
Magnolia 38°F
Richton 38°F
Rainfall
Magnolia 60.6"
Richton 58.9"
Rainy Days
Magnolia 121d
Richton 118d