Cost of Living in Nichols, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.0
100 = national avg
-10.0 vs national average
Living Wage (1 Adult)
$39,588
per year
Living Wage (Family of 4)
$93,571
per year
Cost Index by Category
Housing88.6
Food93.5
Transportation86.9
Healthcare94.8
Utilities93.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$960
per month
2 Bedroom
$1,236
per month
The overall cost of living index in Nichols is 90.0, which is 10.0% below the national average. Housing costs are below the national average at an index of 88.6. A single adult needs to earn approximately $39,588 per year to cover basic expenses.