Housing costs in Elsie?
A typical home costs
$91,600, which is 72.9% less expensive than the national average of
$338,100 and 59.8% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Elsie 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 Elsie?
To live comfortably in Elsie, Nebraska, a minimum annual income of
$17,640 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Elsie?
The cost of living in Elsie, NE is relatively low compared to the national average. According to the most recent data, the overall cost of living index in Elsie is about 84.2 which is 16.8% lower than the US average. This means that food, housing, medical care and other basic necessities are much more affordable in Elsie than in many other places around the country. Additionally, property taxes are quite low with an effective tax rate of only 0.25%. All this makes Elsie a great place to live on a tight budget while still enjoying all the benefits of small-town life and easy access to outdoor recreation.