Housing costs in Palmer?
A typical home costs
$227,700, which is 32.7% less expensive than the national average of
$338,100 and 0.2% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Palmer costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 15.5% cheaper than the state average of
$970.
Can I afford Palmer?
To live comfortably in Palmer, Nebraska, a minimum annual income of
$43,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Palmer?
The cost of living in Palmer, NE is relatively low compared to other cities. Rental prices are fairly low, with the average one-bedroom apartment going for around $650 a month. Groceries and utilities typically run at a lower rate than in larger cities. The overall cost of living for residents of Palmer, NE is about 9% below the national average. This means that those who live in the city can put more money back into their pockets each month.