Housing costs in Ravenna?
A typical home costs
$166,400, which is 50.8% less expensive than the national average of
$338,100 and 27.0% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Ravenna costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 12.8% cheaper than the state average of
$970.
Can I afford Ravenna?
To live comfortably in Ravenna, Nebraska, a minimum annual income of
$32,040 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Ravenna?
Ravenna, NE is a small rural town with an affordable cost of living. The median home value in Ravenna is approximately $80,000, with rental rates sitting between $600 and $800 per month. The cost of living index for the city is just 79.1, which is 21% lower than the U.S. national average. Groceries and other essentials are also relatively inexpensive given the small population size of Ravenna with no immediate shopping malls or large retail stores nearby.