Housing costs in Shelby?
A typical home costs
$149,800, which is 55.7% less expensive than the national average of
$338,100 and 34.3% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Shelby costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and close to the state average of
$970.
Can I afford Shelby?
To live comfortably in Shelby, Nebraska, a minimum annual income of
$28,800 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Shelby?
The cost of living in Shelby, NE is relatively low compared to the national average. According to BestPlaces, the city has an overall cost of living index of 39.17, which is nearly 75% of the US average. Housing prices are very affordable, with the median rent for a one-bedroom apartment around $500 per month. Groceries and restaurant prices are also quite reasonable with most meals costing around $10 or less. Transportation costs are minimal since there are limited public transportation options and most people own their own vehicles. The overall cost of living in Shelby is significantly lower than in other cities throughout the country, making it a great place to live for those on a tight budget.