Housing costs in Newman Grove?
A typical home costs
$135,900, which is 59.8% less expensive than the national average of
$338,100 and 40.4% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Newman Grove costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$970.
Can I afford Newman Grove?
To live comfortably in Newman Grove, Nebraska, a minimum annual income of
$25,920 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Newman Grove?
The cost of living in Newman Grove, NE is relatively low compared to the national average. It has a median household income of $51,386 and the median home value is $82,600. The cost of goods and services is also lower than the national average. Groceries are especially inexpensive, making it an excellent choice for young families and retirees alike. Housing costs are also quite reasonable, with rent prices sitting at a median of just over $700 per month. All in all, this small rural town offers an attractive quality of life that comes at a price that won't break your budget.