Cost of Living in Nicholson, GA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

86.6

100 = national avg

-13.4 vs national average

Living Wage (1 Adult)

$38,112

per year

Living Wage (Family of 4)

$90,083

per year

Cost Index by Category

Housing
101.5
Food
84.4
Transportation
68.7
Healthcare
87.5
Utilities
90.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,004

per month

2 Bedroom

$1,153

per month

The overall cost of living index in Nicholson is 86.6, which is 13.4% below the national average. Housing costs are above the national average at an index of 101.5. A single adult needs to earn approximately $38,112 per year to cover basic expenses.