Housing costs in Elmwood?
A typical home costs
$254,300, which is 24.8% less expensive than the national average of
$338,100 and 11.5% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Elmwood costs
$870 per month, which is 10.3% cheaper than the national average of
$970 and 24.1% cheaper than the state average of
$1,080.
Can I afford Elmwood?
To live comfortably in Elmwood (zip 68349), Nebraska, a minimum annual income of
$48,600 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Elmwood?
The cost of living in 68349 Elmwood, NE is relatively low compared to other cities. Overall, groceries, housing, and transportation are all fairly inexpensive and the area has a very reasonable cost of living. Renting an apartment can range from $700 to $1,100 per month depending on the size and location in the city. Many amenities such as restaurants, movie theaters, shopping centers, and grocery stores are within close proximity to downtown Elmwood so you don’t need to travel far for basic necessities. For those that commute to work there is also a public transit system available so transportation costs are kept low. All in all, Elmwood offers a great quality of life at an affordable price to its residents.