Hickory Flat cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexHickory FlatMississippiNational
Cost of living index7784100
IndexHickory FlatMississippiNational
Goods & Services index9093100
Groceries index8794100
Health care index9690100
Housing index5063100
Transportation index9893100
Utilities index8090100

Did you know?

  • The cost of living in Hickory Flat is 8% lower than the Mississippi average.
  • The cost of living in Hickory Flat is 23% lower than the national average.
  • The cost of housing in Hickory Flat is 50% lower than the national average.
  • Mississippi general sales tax is 37% higher than the national average.
  • Mississippi state income tax is 35% higher than the national average.

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Compare Hickory Flat, MS Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$46,154$3,846$1,077$1,385
Renters$18,125$1,510$423$544

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
Mississippi3%5%

Goods & Services

ItemHickory FlatNational avg.Difference
Haircut $14.11$15.569.3%
Beauty Salon $20.55$36.1143.1%
Toothpaste $1.59$2.4735.8%
Shampoo $0.76$0.9621.2%
Movie $9.33$10.137.8%
Bowling $3.75$4.7420.8%

Groceries

ItemHickory FlatNational avg.Difference
Ground Beef $3.43$3.9813.9%
Fried Chicken $0.96$1.4132.0%
Milk $1.98$2.064.1%
Potatoes $2.97$2.980.5%
Pizza $9.00$9.475.0%
Beer $7.48$8.7914.9%

Health Care

ItemHickory FlatNational avg.Difference
Optometrist $125.00$101.0423.7%
Doctor $84.78$107.4421.1%
Dentist $90.45$90.420.0%
Ibuprofen $8.07$9.2813.1%
Lipitor $436.15$426.502.3%

Housing

ItemHickory FlatNational avg.Difference
Home Price $67,800.00$175,700.0061.4%
Avg. Mortgage Payment $757.17$1,133.2333.2%
Apartment Rent $692.00$920.0024.8%

Transportation

ItemHickory FlatNational avg.Difference
Gasoline $1.89$1.995.0%
Tire Balancing $47.89$45.764.7%

Utilities

ItemHickory FlatNational avg.Difference
All Electricity$122.15$163.8125.4%
Phone $25.01$28.3911.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Blue Mountain, MS82876-24%
Holly Springs, MS7,58577-23%
Potts Camp, MS41777-23%
Myrtle, MS41278-22%
Snow Lake Shores, MS47479-21%
Hickory Flat, MS76377-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Clarissa, MN76384-16%
New Augusta, MS76376-24%
Gobles, MI76376-24%
Kwethluk, AK76311111%
West Nanticoke, PA76391-9%
Hickory Flat, MS76377-23%
Source: The Hickory Flat, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.