Nicholson cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNicholsonMississippiNational
Cost of living index8482100
IndexNicholsonMississippiNational
Goods & Services index10289100
Groceries index9694100
Health care index9391100
Housing index4763100
Transportation index9991100
Utilities index10689100
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Did you know?

  • The cost of living in Nicholson is 3% higher than the Mississippi average.
  • The cost of living in Nicholson is 16% lower than the national average.
  • The cost of housing in Nicholson is 53% lower than the national average.
  • Mississippi general sales tax is 37% higher than the national average.
  • Mississippi state income tax is 35% higher than the national average.

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Compare Nicholson, MS Cost of living To Other Cities

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Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$39,159$3,263$914$1,175
Renters$28,318$2,360$661$850

Mississippi Sales Tax

StateGeneral Sales TaxWith Max Surtax
Mississippi7%7.25%

Mississippi Income Tax

StateIncome Tax (Low)Income Tax (High)
Mississippi3%5%

Goods & Services

ItemNicholsonNational avg.Difference
Haircut $15.65$16.092.7%
Beauty Salon $38.85$37.334.1%
Toothpaste $1.95$2.4520.2%
Shampoo $1.02$1.002.4%
Movie $10.76$10.284.7%
Bowling $4.17$4.9315.5%

Groceries

ItemNicholsonNational avg.Difference
Ground Beef $3.67$3.803.5%
Fried Chicken $0.93$1.4033.1%
Milk $2.39$2.0119.2%
Potatoes $2.76$3.018.4%
Pizza $10.48$9.896.0%
Beer $8.50$8.904.4%

Health Care

ItemNicholsonNational avg.Difference
Optometrist $83.39$102.1618.4%
Doctor $91.54$108.3615.5%
Dentist $89.32$92.533.5%
Ibuprofen $9.38$9.281.1%
Lipitor $427.85$425.820.5%

Housing

ItemNicholsonNational avg.Difference
Home Price $72,300.00$184,700.0060.9%
Avg. Mortgage Payment $1,048.54$1,202.4412.8%
Apartment Rent $632.00$949.0033.4%

Transportation

ItemNicholsonNational avg.Difference
Gasoline $2.03$2.249.7%
Tire Balancing $54.32$46.2917.3%

Utilities

ItemNicholsonNational avg.Difference
All Electricity$151.71$165.968.6%
Phone $35.31$28.6823.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Sun, LA31290-10%
Picayune, MS10,73291-9%
Lacombe, LA7,93095-5%
Pearl River, LA2,50496-4%
Hide-A-Way Lake, MS1,88396-4%
Nicholson, MS2,77584-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bawcomville, LA2,77580-20%
Ford Heights, IL2,77592-8%
Garden View, PA2,77491-9%
Lincoln, ME2,77692-8%
Freedom, CA2,77413939%
Nicholson, MS2,77584-16%
Source: The Nicholson, MS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.