Madrid, NE Cost of Living


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United States / Nebraska / No Metro Area / Perkins County / Madrid / Zip Codes

Madrid cost of living score
80.5
Less expensive
19.5% lower
than the US average
8.3% lower
than the Nebraska average
Madrid, Nebraska gets a BestPlaces Cost of Living score of 80.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.5% lower than the U.S. average and 8.3% higher than the average for Nebraska.

Madrid, NE

Housing costs in Madrid?
A typical home costs $99,000, which is 70.7% less expensive than the national average of $338,100 and 56.6% less expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Madrid costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 14.1% cheaper than the state average of $970.

Can I afford Madrid?
To live comfortably in Madrid, Nebraska, a minimum annual income of $19,080 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Madrid?
The cost of living in Madrid, NE is quite affordable compared to other cities. Prices for basic necessities like rent, groceries, and utilities are all very reasonable. The average price for a one-bedroom apartment is around $600 per month, while the average cost of a full grocery shop is only about $45. Additionally, utilities such as electricity and water are generally quite affordable, running around $100 per month. Overall, Madrid offers residents a great quality of life without breaking the bank.
   Cost of living score
     CategoriesMadridNebraskaUnited States
  80.587.8100.0
  9394.9100
  152.9131.3100.0
  23.870.3100.0
  $99,000$228,100$338,100
  94.3%95.0%100.0%
  61.676.1100.0
  125.9114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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