Housing costs in Malcolm?
A typical home costs
$466,900, which is 38.1% more expensive than the national average of
$338,100 and 104.7% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Malcolm costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 8.5% more than the state average of
$970.
Can I afford Malcolm?
To live comfortably in Malcolm, Nebraska, a minimum annual income of
$89,640 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Malcolm?
The cost of living in Malcolm, NE is relatively low compared to the national average. The median home value in Malcolm is around $162,000 which is lower than the Nebraska state median of $180,000. Additionally, the cost of living index is 83.2 which is well below the national average of 100. This makes Malcolm a very affordable place to live as most basic commodities and services are significantly cheaper than in other parts of the state. Furthermore, with local taxes being relatively low in Malcolm, it makes life even more affordable for its residents.