Housing costs in Nichols Hills?
A typical home costs
$830,400, which is 145.6% more expensive than the national average of
$338,100 and 375.6% more expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Nichols Hills costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 16.2% more than the state average of
$930.
Can I afford Nichols Hills?
To live comfortably in Nichols Hills, Oklahoma, a minimum annual income of
$159,120 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Nichols Hills?
The cost of living in Nichols Hills, OK is high compared to the national average. The median home value in Nichols Hills is more than $300,000, which is significantly more than the median home value for Oklahoma as a whole. The overall cost of living index for Nichols Hills is also about 25% higher than the national average, making it an expensive place to live. Groceries and housing are especially expensive due to an abundance of amenities and luxury options available throughout the town. However, while some of the prices may be steep, this small city offers a high quality of life with strong schools and a tight-knit community that makes it worth the price.