Caldwell, TX vs Nichols Hills, OK: Cost of Living

Which city costs less?

Nichols Hills, OK has a modeled overall cost index 11.3% lower than Caldwell, TX.

Caldwell, TX · modeled 2BR rent
$1,090 / month
Nichols Hills, OK · modeled 2BR rent
$1,310 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Caldwell, TX and Nichols Hills, OK using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated savings: $834/month in Nichols Hills, OK

$150,000 in your current city has a modeled equivalent of $139,996 in Nichols Hills, OK

Regional cost estimates: Caldwell, TX uses Austin, TX. Nichols Hills, OK uses Oklahoma City, OK. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 11.3%
Less expensive
Monthly Impact
$834
Savings
Annual Impact
$10.0K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Caldwell, TX

Population:5K
Cost Index:
87.0
100 = national average
Typical Home:$293K

Nichols Hills, OK

Population:4K
Cost Index:
77.2
100 = national average
Typical Home:$312K

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Caldwell, TX

The Lone Star State

5K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 5K residents.

💡 Advantage: Texas has no state income tax!

Nichols Hills, OK

The Sooner State

4K
Population
State Tax
Yes

Located in Oklahoma, this city has a population of 4K residents.

Cost Breakdown by Category

Estimated monthly spending: Caldwell, TX vs Nichols Hills, OK

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 30.0%
Caldwell, TX
$2,467
Nichols Hills, OK
$1,726
Difference
$740
less
Other
↓ 4.1%
Caldwell, TX
$1,654
Nichols Hills, OK
$1,586
Difference
$67.80
less
Transportation
↑ 3.9%
Caldwell, TX
$1,220
Nichols Hills, OK
$1,267
Difference
$47.21
more
Groceries
↓ 3.9%
Caldwell, TX
$992
Nichols Hills, OK
$953
Difference
$39.08
less
Healthcare
↓ 4.0%
Caldwell, TX
$608
Nichols Hills, OK
$584
Difference
$24.39
less
All Utilities
↓ 1.7%
Caldwell, TX
$559
Nichols Hills, OK
$550
Difference
$9.38
less

🏠Rent Comparison

Studio
From$940
To$990
↑ $50.00
1 Bed
From$990
To$1,070
↑ $80.00
2 Bed
From$1,090
To$1,310
↑ $220
3 Bed
From$1,530
To$1,760
↑ $230
Caldwell, TXZIP-level data

1BR range: $990–$990/mo

Nichols Hills, OKZIP-level data

1BR range: $1,070–$1,070/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Caldwell, TX
$6,666
Monthly in Nichols Hills, OK
$834
Difference

Home Values

Caldwell
Nichols Hills
$293K
Median Value
$312K
↓ -1.2%
YoY Change
↑ +2%
↑ +11.2%
5-Year Change
↑ +28.7%

Homes in Nichols Hills are 7% more expensive than Caldwell

Calculate payment - CaldwellCalculate payment - Nichols Hills

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $7.3K
More taxes
Monthly Difference
$607
Less take-home
Effective Rate Diff
4.9%
Rate difference

Caldwell, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Nichols Hills, OK

Federal Income Tax
Effective: 18.9%
$25.5K
Oklahoma State Tax
Effective: 4.9%
$7.3K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.5%
$44.3K
Take-Home Pay
$8,809/month
$105.7K

Additional Tax Information

Caldwell, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Nichols Hills, OK Tax Rates

Sales Tax:8.9%
Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Caldwell
Nichols Hills
52 Moderate
Air Quality
52 Moderate
42.6%
Good Air Days
47%
98 High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
▲+2.5°F
2050 Outlook
▲+3.1°F
98 days
Heat Days >95°F
67 days
▲+2.5°F
2050 Outlook
▲+3.1°F
98 days
Heat Days >95°F
67 days

Before moving from Caldwell, TX to Nichols Hills, OK

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Nichols Hills, OK for the same bedroom count and included utilities as your home in Caldwell, TX. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Caldwell to Nichols Hills moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Nichols Hills, OK by cost, housing, population and region.

Frequently Asked Questions: Caldwell, TX vs Nichols Hills, OK

How do the cost estimates for Caldwell, TX and Nichols Hills, OK compare?

Nichols Hills, OK has a modeled overall cost index 11.3% lower than Caldwell, TX. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Caldwell, TX, the model estimates $139,996 in Nichols Hills, OK. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Caldwell, TX and Nichols Hills, OK?

The modeled two-bedroom rents are $1,090/month in Caldwell, TX and $1,310/month in Nichols Hills, OK. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Texas and Oklahoma on TaxTakeHome.com

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