Housing costs in Monroe?
A typical home costs
$253,500, which is 25.0% less expensive than the national average of
$338,100 and 11.1% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Monroe 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 Monroe?
To live comfortably in Monroe, Nebraska, a minimum annual income of
$48,600 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in Monroe, NE is quite affordable. The median home value in Monroe is $88,100, which is significantly lower than the national average of $184,700. Additionally, the cost of groceries and other essentials are lower than most places around the country. Utilities may be slightly more expensive due to cold winters and hot summers that require extra heating and cooling costs. Overall, the cost of living in Monroe is quite reasonable compared to other local cities and towns.