Housing costs in Shelton?
A typical home costs
$192,500, which is 43.1% less expensive than the national average of
$338,100 and 15.6% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Shelton costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 21.3% cheaper than the state average of
$970.
Can I afford Shelton?
To live comfortably in Shelton, Nebraska, a minimum annual income of
$36,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Shelton?
The cost of living in Shelton, NE is quite affordable compared to other areas. The overall cost of living index is 81.1, which is 19.9% lower than the U.S. average. Housing costs are particularly low, with an index of 67.9, which is a full 32.1% lower than the national average. This makes the area an attractive option for those looking to purchase or rent a home on a budget. Groceries and transportation costs are also below the national average at 90 and 91 respectively, making it easier for residents to manage their expenses.