Housing costs in Central City?
A typical home costs
$155,600, which is 54.0% less expensive than the national average of
$338,100 and 31.8% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Central City costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 16.9% cheaper than the state average of
$970.
Can I afford Central City?
To live comfortably in Central City, Nebraska, a minimum annual income of
$29,880 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Central City?
The cost of living in Central City, NE is quite affordable. According to the most recent survey conducted by the US government, the overall cost of living index for Central City is 85.7, which is 15.3 points lower than the national average of 100. The overall cost of housing in Central City is particularly low compared to other cities in Nebraska and across the country, with an index score of only 63.1 - nearly 40 points lower than the national average. Combined with a low unemployment rate and ample job opportunities, this makes Central City an appealing destination for many looking for a new place to call home.