Housing costs in Broken Bow?
A typical home costs
$154,200, which is 54.4% less expensive than the national average of
$338,100 and 32.4% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Broken Bow costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$970.
Can I afford Broken Bow?
To live comfortably in Broken Bow, Nebraska, a minimum annual income of
$29,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Broken Bow?
The cost of living in Broken Bow, NE is relatively low. The city boasts affordable median housing prices of around $83,000, and the area's unemployment rate is below the national average at 2.6%. The overall cost of living in Broken Bow is 12.1% lower than the U.S. average. Groceries and health care costs are also lower than average, and many utilities such as electricity are reasonably priced. All these factors combined make Broken Bow an ideal place to live for those looking for a more budget-friendly lifestyle.