Housing costs in Wallace?
A typical home costs
$97,400, which is 71.2% less expensive than the national average of
$338,100 and 57.3% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Wallace 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 Wallace?
To live comfortably in Wallace, Nebraska, a minimum annual income of
$18,720 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Wallace?
The cost of living in Wallace, NE is relatively low. The median home price in the city is around $85,000 and the median monthly rent is just over $700. Utilities are also relatively inexpensive, with most basic monthly bills averaging less than $100 for a single person home. Grocery costs are slightly higher than the national average but still quite affordable, and other necessities such as healthcare and education are all fairly inexpensive. Overall, Wallace provides an affordable lifestyle that appeals to many families and individuals seeking a better quality of life without breaking the bank.