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Latta, OK vs Nichols Hills, OK

68
Latta
Oklahoma
VS
-53.6%
146
Nichols Hills
Oklahoma

The cost of living difference between Latta, OK and Nichols Hills, OK is dramatic. Latta is 53.6% cheaper than Nichols Hills, a gap that translates to thousands of dollars per year in household expenses. Latta has a cost index of 68 while Nichols Hills sits at 146, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Latta is $750/month compared to $1,444/month in Nichols Hills — a 48% difference. Home values follow the same pattern: Latta is more affordable at $165,800 median vs $855,300.

Median household income in Latta is $76,216 compared to $203,750 in Nichols Hills (-62.6%). While Nichols Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Latta spend roughly 11.8% of their income on rent, more than the 8.5% in Nichols Hills.

Income & Cost

Cost of Living Index
Latta
68
54% cheaper
Nichols Hills
146
Median Household Income
Latta
$76,216
Nichols Hills
$203,750
63% higher

Housing

Median Rent
Latta
$750
48% cheaper
Nichols Hills
$1,444
Median Home Value
Latta
$165,800
81% cheaper
Nichols Hills
$855,300
Population
Latta
1,413
Nichols Hills
3,838

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Latta
Nichols Hills $2.86
US $3.07
🥚
Eggs (grade A, large)
Latta
Nichols Hills $2.33
US $2.50
🥛
Milk (whole)
Latta
Nichols Hills $3.76
US $4.03
🍞
Bread (white)
Latta
Nichols Hills $1.73
US $1.85
🍗
Chicken breast
Latta
Nichols Hills $3.87
US $4.14
Electricity
Latta
Nichols Hills $0.15
US $0.19