Wood Lake, NE Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Nebraska / No Metro Area / Cherry County / Wood Lake / Zip Codes

Wood Lake cost of living score
81.6
Less expensive
18.4% lower
than the US average
7.1% lower
than the Nebraska average
Wood Lake, Nebraska gets a BestPlaces Cost of Living score of 81.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.4% lower than the U.S. average and 7.1% higher than the average for Nebraska.

Wood Lake, NE

Housing costs in Wood Lake?
A typical home costs $73,200, which is 78.3% less expensive than the national average of $338,100 and 67.9% less expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Wood Lake costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 19.8% cheaper than the state average of $970.

Can I afford Wood Lake?
To live comfortably in Wood Lake, Nebraska, a minimum annual income of $14,040 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Wood Lake?
Wood Lake, NE has a very affordable cost of living. Prices for both goods and services are much lower than the national average, making it a great place to live on a budget. Groceries and dining out are especially inexpensive in Wood Lake, with many restaurants offering large portions at prices that won't break the bank. Rent is also relatively affordable in the area, with an average one-bedroom apartment costing around $600 per month. The overall cost of living in Wood Lake makes it a great option for those looking for an affordable place to call home.
   Cost of living score
     CategoriesWood LakeNebraskaUnited States
  81.687.8100.0
  97.694.9100
  150.2131.3100.0
  30.170.3100.0
  $73,200$228,100$338,100
  90.9%95.0%100.0%
  60.976.1100.0
  114.1114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Wood Lake, NE cost of living
Compare food, housing, utilities, and more in Wood Lake, Nebraska to any other city in the US.