Housing costs in Farnam?
A typical home costs
$138,800, which is 58.9% less expensive than the national average of
$338,100 and 39.1% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Farnam costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 10.2% cheaper than the state average of
$970.
Can I afford Farnam?
To live comfortably in Farnam, Nebraska, a minimum annual income of
$26,640 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Farnam?
Farnam, NE is a great place to live with an affordable cost of living. The city boasts a median home value of $95,300 which is substantially lower than the US median of $229,100. Renters can expect to find apartments for an average of $734 per month or less. Grocery prices and utilities are also much lower than the national average. With all these factors combined, Farnam is a great place for individuals and families to stretch their budget.