Cost of Living in Nichols Hills, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
260.6
100 = national avg
+160.6 vs national average
Living Wage (1 Adult)
$114,645
per year
Living Wage (Family of 4)
$270,978
per year
Cost Index by Category
Housing281.9
Food200.0
Transportation311.5
Healthcare184.6
Utilities199.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,017
per month
2 Bedroom
$1,244
per month
The overall cost of living index in Nichols Hills is 260.6, which is 160.6% above the national average. Housing costs are above the national average at an index of 281.9. A single adult needs to earn approximately $114,645 per year to cover basic expenses.