Housing costs in Island Grove?
A typical home costs
$201,600, which is 40.4% less expensive than the national average of
$338,100 and 11.6% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Island Grove costs
$780 per month, which is 45.5% more than the national average of
$1,430 and 24.4% cheaper than the state average of
$970.
Can I afford Island Grove?
To live comfortably in Island Grove, Nebraska, a minimum annual income of
$38,520 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Island Grove?
The cost of living in Island Grove, NE is moderate. The median household income is slightly lower than the national average, but residents enjoy a significantly lower cost of groceries and housing. The average home price in Island Grove is around $150,000, which is nearly half the national median. Additionally, the cost of utilities such as gas and electricity is much lower compared to other parts of the country. All in all, Island Grove offers an affordable place to live for those looking for a more rural lifestyle with low living costs.