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Cost of Living in Nichols, NY

Population: 612 | New York

69
Cost of Living Index
US Average = 100

Nichols is 31% less expensive than the national average.

63
Housing
45
Home Values
92
Regional Price

Income

Median Household Income
$66,250
vs US Median ($75,149)
-12%

Housing

Median Rent
$825/mo
Median Home Value
$137,900
Median Monthly Housing Cost
$830/mo

Everyday Prices in Nichols

BLS Average Prices for the Binghamton, NY (Metropolitan Statistical Area) area

$2.98
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.92
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.03
Chicken breast
per lb
-3% vs US
$0.25
Electricity
per kWh
+31% vs US

Climate in Nichols

NOAA 30-year normals (1991-2020)

46.3°F
Avg Temperature
42"
Rainfall / Year
164d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 30 32 41 54 66 74 78 77 70 57 45 34
Avg °F 23 25 32 45 56 64 69 67 60 49 38 28
Low °F 16 17 24 35 46 55 59 58 51 41 31 22
Rain" 2.6 2.4 3.1 3.6 3.8 4.7 3.8 4.1 4.0 3.8 3.1 3.1

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