Housing costs in Silver Lake?
A typical home costs
$198,900, which is 41.2% less expensive than the national average of
$338,100 and 12.8% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Silver Lake costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 18.3% cheaper than the state average of
$970.
Can I afford Silver Lake?
To live comfortably in Silver Lake, Nebraska, a minimum annual income of
$38,160 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Silver Lake?
Silver Lake, NE is a small town with a low cost of living. The median home value in Silver Lake is approximately $100,000, which is lower than the U.S. average median home value of over $200,000. Additionally, the cost of groceries and other necessities are much lower than in larger cities such as Omaha and Lincoln. Residents enjoy moderate to low taxes on their homes and income. This makes it an ideal area for those looking for a low cost of living without sacrificing quality of life amenities or access to essential services.