Cost Of Living in Nichols, SC

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12%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

38%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Nichols	South Carolina	National
Cost of living	88	94	100
Groceries	99	99	100
Health care	100	98	100
Housing	62	81	100
Transportation	100	99	100
Utilities	103	101	100
Lifestyle & Entertainment	99	98	100
Household Items	99	99	100
Education & Childcare	98	98	100

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Homes For Sale In Nichols, SC

TBD Pleasant View Church Rd

, SC

TBD New Bridge Rd

, SC

TBD Lot 8 - Magnolia Plan West Highway 19

Nichols, SC

TBD Black Creek Rd

Nichols, SC

Cost Of Living Quick Facts

The cost of living in Nichols is 6% lower than the South Carolina average
The cost of living in Nichols is 12% lower than the national average
Nichols housing is 38% lower than the national average
South Carolina general sales tax is 18% higher than the national average
South Carolina state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$50,177	$4,181	$1,171	$1,505
Renters	$42,323	$3,527	$987	$1,270

South Carolina Sales Tax

State	General Sales Tax	With Max Surtax
South Carolina	6%	9%

South Carolina Income Tax

State	Income Tax (Low)	Income Tax (High)
South Carolina	0%	6.5%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Boardman, NC	322	81	18.7%
Evergreen, NC	130	83	17.4%
Fair Bluff, NC	603	82	18.1%
Mullins, SC	4,373	83	16.8%
Lake View, SC	743	85	14.6%
Nichols, SC	234	88	11.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fredonia, AL	234	113	12.6%
Keo, AR	234	85	14.7%
Sierra Village, CA	234	115	15.3%
Mallard, IA	234	76	24.0%
Kappa, IL	234	91	8.9%
Nichols, SC	234	88	11.7%