Housing costs in Mitchell?
A typical home costs
$173,300, which is 48.7% less expensive than the national average of
$338,100 and 24.0% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Mitchell costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$970.
Can I afford Mitchell?
To live comfortably in Mitchell, Nebraska, a minimum annual income of
$33,120 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Mitchell?
The cost of living in Mitchell, NE is quite reasonable compared to much of the country. The median home price is around $70,000, which is significantly lower than the national average. Utilities and other services are also affordably priced, making it a great place to live for those on a tight budget. Additionally, the economic climate in Mitchell is relatively stable and growing steadily. With its low cost of living and access to excellent amenities, Mitchell is an ideal city for young families or those looking to stretch their money further.