Housing costs in Alvo?
A typical home costs
$290,600, which is 14.0% less expensive than the national average of
$338,100 and 27.4% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Alvo costs
$1,210 per month, which is 24.7% more than the national average of
$970 and 10.7% more than the state average of
$1,080.
Can I afford Alvo?
To live comfortably in Alvo (zip 68304), Nebraska, a minimum annual income of
$55,800 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Alvo?
The cost of living in 68304 Alvo, NE is relatively inexpensive compared to many other parts of the United States. According to Sperling's Best Places, the cost of living index for Alvo is 90.2, which is 10% lower than the national average. This means that residents can expect to pay less for basic necessities such as housing, transportation, groceries and healthcare than they would in other places. The median home value in the area is around $141,000 and the median household income is around $62,000. These figures indicate that Alvo has an affordable living situation when compared to metropolitan areas throughout the country. Additionally, there are no state income tax or sales tax for those who reside in Nebraska so residents can enjoy a greater level of financial freedom in comparison to other states with higher taxes.