Wordpress Local Nginx Config (https://medium.com/@charlesthk/wordpress-on-os-x-with-nginx-php-mysql-62767a62efc4)

wordpress-local-nginx.conf

server {
    listen                          80;

    # substitute your web server's local URL with yours
    server_name                     my-wp-website.localhost;

    index                           index.html index.php;
    client_max_body_size            40M;

    access_log 			    /usr/local/var/log/nginx/my-wp-website.localhost.access.log;
    error_log 			    /usr/local/var/log/nginx/my-wp-website.localhost.error.log;

    # substitute your web server's root folder with yours
    root			    /Users/mymacusername/dev/my-wp-website-folder;

    location ~ \.php$ {
        try_files                   $uri =404;
        fastcgi_index               index.php;
        fastcgi_param               SCRIPT_FILENAME $document_root$fastcgi_script_name;
        fastcgi_read_timeout        300;
        fastcgi_keep_conn           on;
        include                     /usr/local/etc/nginx/fastcgi_params;
	# Php-fpm is bound to port 9071
        fastcgi_pass                127.0.0.1:9071;
        index                       index.html index.php;    
    }

    location / {
        try_files                   $uri
                                    $uri/
                                    /index.php?$args;
    }
}

I've been looking for this for almost two days now, all the guides seem to be conflicted when it comes to the point of setting the config file, especially for localhost. Would try this out, thanks anyways it turns out!!

Could website's root folder be something like this: /var/www/html/wordpress

Yes you just have to put the path to your folder