Housing costs in Norfolk?
A typical home costs
$213,400, which is 36.9% less expensive than the national average of
$338,100 and 6.4% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Norfolk costs
$610 per month, which is 57.3% cheaper than the national average of
$1,430 and 59.0% cheaper than the state average of
$970.
Can I afford Norfolk?
To live comfortably in Norfolk, Nebraska, a minimum annual income of
$41,040 for a family, and
$18,400 for a single person is recommended.
What does A.I. say about Norfolk?
The cost of living in Norfolk, NE is relatively low compared to other cities. The median home value is $134,500, which is well below the national average. Additionally, the average rent for a two-bedroom apartment is significantly lower than the national average at just $765 per month. This makes it an attractive city for those looking for an affordable place to live. On top of that, groceries and utilities are also much cheaper than other cities across the country. All these factors make Norfolk a great destination for families and individuals seeking out a more affordable lifestyle.