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Montreal, WI vs Nichols, WI

63
Montreal
Wisconsin
VS
-11.3%
72
Nichols
Wisconsin

Montreal is moderately more affordable than Nichols, with a 11.3% lower cost of living index. Montreal scores 63 compared to 72 for Nichols, where the US average is 100. This difference means residents of Nichols can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Montreal is $738/month compared to $883/month in Nichols — a 16% difference. Home values follow the same pattern: Montreal is more affordable at $98,400 median vs $145,300.

Median household income in Montreal is $66,750 compared to $56,875 in Nichols (+17.4%). Montreal offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Montreal spend roughly 13.3% of their income on rent, less than the 18.6% in Nichols.

Income & Cost

Cost of Living Index
Montreal
63
11% cheaper
Nichols
72
Median Household Income
Montreal
$66,750
15% higher
Nichols
$56,875

Housing

Median Rent
Montreal
$738
16% cheaper
Nichols
$883
Median Home Value
Montreal
$98,400
32% cheaper
Nichols
$145,300
Population
Montreal
800
Nichols
278

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Montreal
Nichols $2.88
US $3.07
🥚
Eggs (grade A, large)
Montreal
Nichols $2.35
US $2.50
🥛
Milk (whole)
Montreal
Nichols $3.78
US $4.03
🍞
Bread (white)
Montreal
Nichols $1.74
US $1.85
🍗
Chicken breast
Montreal
Nichols $3.89
US $4.14
Electricity
Montreal
Nichols $0.17
US $0.19