Zip 13812 (Nichols, NY) Cost of Living


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United States / New York / Binghamton Metro Area / Tioga County / No City / Nichols (zip 13812)
How much do I need to live in Nichols, New York?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

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 (zip 13812), 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.

Zip 13812 (Nichols, NY)

Housing costs in Nichols?
A typical home costs $143,600, which is 57.5% less expensive than the national average of $338,100 and 65.3% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Nichols costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and 88.5% cheaper than the state average of $1,960.

Can I afford Nichols?
To live comfortably in Nichols (zip 13812), New York, a minimum annual income of $27,360 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Nichols?
The cost of living in 13812 Nichols, NY is quite affordable. The median home value in the area is around $148,100, which is significantly lower than the national average of $177,700. Additionally, the median rent is around $753 per month which is also below the national average of $949. This makes Nichols a great place to live for those who are looking for an affordable option but still want access to all the services and amenities that a larger city can provide. Taxes are also quite low in Nichols compared to other areas of New York State.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNicholsNew YorkUnited States
    Unlock121.5100.0
  97.7  Unlock100.0
    Unlock120.7100.0
  42.9  Unlock100.0
    Unlock$413,600$338,100
  101.8  Unlock100.0
    Unlock140.7100.0
  118.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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