Housing costs in South Bend?
A typical home costs
$304,800, which is 9.8% less expensive than the national average of
$338,100 and 33.6% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in South Bend 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 South Bend?
To live comfortably in South Bend, Nebraska, a minimum annual income of
$58,320 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about South Bend?
South Bend, NE has a fairly low cost of living in comparison with the national average. The housing costs are one of the lowest in the country and the overall median home value is well below average. With an estimated rent index of 77%, South Bend offers a great opportunity for both renters and homebuyers to save money on their housing expenses. The cost of groceries, utilities, transportation, and health care are all below average as well. In addition to lower than average costs, South Bend also offers plenty of recreational activities at no cost or a minimal fee. With its close proximity to Omaha and Lincoln, South Bend residents can easily take advantage of all these cities have to offer without having to break the bank.