Nichols, NY Cost of Living


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Nichols cost of living score
83.3
Less expensive
16.7% lower
than the US average
31.4% lower
than the New York average
Nichols, New York gets a BestPlaces Cost of Living score of 83.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.7% lower than the U.S. average and 31.4% lower than the average for New York.

Nichols, NY

Housing costs in Nichols?
A typical home costs $173,400, which is 48.7% less expensive than the national average of $338,100 and 58.1% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Nichols costs $1,030 per month, which is 28.0% cheaper than the national average of $1,430 and 90.3% cheaper than the state average of $1,960.

Can I afford Nichols?
To live comfortably in Nichols, New York, a minimum annual income of $33,120 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Nichols?
The cost of living in Nichols, NY is quite affordable. The median home value in Nichols is $148,300, which is significantly lower than the national average. Additionally, the median apartment rent in Nichols costs around $846 per month which is just slightly above the national average. Groceries and other everyday items are also priced fairly in comparison to the rest of the nation. All in all, Nichols provides an economical place for people to settle down and make a life for themselves without breaking their budget.
   Cost of living score
     CategoriesNicholsNew YorkUnited States
  83.3121.5100.0
  97.8103.8100
  116.2120.7100.0
  41.8127.9100.0
  $173,400$413,600$338,100
  101.8%115.9%100.0%
  85.2140.7100.0
  118.5121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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