Alvo, NE Cost of Living


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Alvo cost of living score
94.1
Less expensive
5.9% lower
than the US average
7.2% higher
than the Nebraska average
Alvo, Nebraska gets a BestPlaces Cost of Living score of 94.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% lower than the U.S. average and 7.2% lower than the average for Nebraska.

Alvo, NE

Housing costs in Alvo?
A typical home costs $300,600, which is 11.1% less expensive than the national average of $338,100 and 31.8% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Alvo costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and 21.1% more than the state average of $970.

Can I afford Alvo?
To live comfortably in Alvo, Nebraska, a minimum annual income of $57,600 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Alvo?
The cost of living in Alvo, NE is relatively low compared to other areas in the United States. The median home value is approximately $160,000, making housing more affordable for those who are looking to purchase a home. Additionally, groceries and utilities are also typically less expensive than in many other cities. While the cost of living may be lower than other places, residents still enjoy a variety of amenities and services that make living in Alvo, NE worthwhile. From local restaurants and shops to outdoor activities like camping and fishing nearby lakes, there's plenty to do throughout the year.
   Cost of living score
     CategoriesAlvoNebraskaUnited States
  94.187.8100.0
  101.794.9100
  134.1131.3100.0
  65.170.3100.0
  $300,600$228,100$338,100
  102.8%95.0%100.0%
  93.876.1100.0
  136.4114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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