Housing costs in Amherst?
A typical home costs
$309,800, which is 8.4% less expensive than the national average of
$338,100 and 35.8% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Amherst costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 3.2% cheaper than the state average of
$970.
Can I afford Amherst?
To live comfortably in Amherst (zip 68812), Nebraska, a minimum annual income of
$59,400 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Amherst?
The cost of living in 68812 Amherst, NE is quite affordable. According to the US average, the overall cost of living index is about 18% lower than the national average. The median home value in 68812 is $93,600 which is considerably lower than many other cities and significantly lower than the national average of $181,200. Residents can expect to pay an average of 11% less for food costs and 14% less for transportation costs when compared to the national averages. Utilities also tend to be cheaper than most other places, coming in at 13% below the US average. Overall, 68812 Amherst offers a great value for those who want an affordable place to live.