Cost Of Living in Nichols, WI

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16%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

48%

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	Wisconsin	National
Cost of living	84	96	100
Groceries	98	99	100
Health care	96	98	100
Housing	52	89	100
Transportation	99	98	100
Utilities	102	101	100
Lifestyle & Entertainment	97	98	100
Household Items	99	99	100
Education & Childcare	100	98	100

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Cost Of Living Quick Facts

The cost of living in Nichols is 12% lower than the Wisconsin average
The cost of living in Nichols is 16% lower than the national average
Nichols housing is 48% lower than the national average
Wisconsin general sales tax is 2% lower than the national average
Wisconsin state income tax is 36% higher 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	$72,482	$6,040	$1,691	$2,175
Renters	$73,337	$6,111	$1,711	$2,200

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	6.75%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	3.54%	7.65%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Bear Creek, WI	360	85	14.9%
Shawano, WI	9,221	86	13.9%
Clintonville, WI	4,479	87	12.8%
Embarrass, WI	547	88	11.7%
Shiocton, WI	974	90	9.7%
Nichols, WI	232	84	15.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Alta Vista, IA	232	78	21.5%
Maysville, IA	232	88	12.4%
Volga, IA	232	81	19.0%
Rockford, ID	232	95	5.0%
Thawville, IL	232	82	17.8%
Nichols, WI	232	84	15.5%