Nichols, WI vs Reeseville, WI
Nichols, WI and Reeseville, WI have a very similar cost of living, with only a 3.3% difference in their overall index. Nichols scores 72 while Reeseville scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Nichols is $883/month compared to $925/month in Reeseville — a 5% difference. Home values follow the same pattern: Nichols is more affordable at $145,300 median vs $157,700.
Median household income in Nichols is $56,875 compared to $65,938 in Reeseville (-13.7%). While Reeseville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Nichols spend roughly 18.6% of their income on rent, more than the 16.8% in Reeseville.
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