Zip 69029 (Farnam, NE) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Farnam, Nebraska?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Farnam cost of living score
78.1
Less expensive
21.9% lower
than the US average
11.0% lower
than the Nebraska average
Farnam (zip 69029), Nebraska gets a BestPlaces Cost of Living score of 78.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.9% lower than the U.S. average and 11.0% higher than the average for Nebraska.

Zip 69029 (Farnam, NE)

Housing costs in Farnam?
A typical home costs $152,000, which is 55.0% less expensive than the national average of $338,100 and 33.4% less expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Farnam costs $890 per month, which is 8.2% cheaper than the national average of $970 and 2.2% more than the state average of $870.

Can I afford Farnam?
To live comfortably in Farnam (zip 69029), Nebraska, a minimum annual income of $29,160 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Farnam?
The cost of living in 69029 Farnam, NE is fairly inexpensive when compared to the rest of the state. According to BestPlaces, the cost of living index in 69029 is an impressive 85.06, which is significantly lower than the US average of 100. Housing costs are particularly low with an average rent for a 3-bedroom apartment hovering at around $550 per month. Groceries and transportation costs are also reasonable and dining out can be quite affordable depending on your tastes. All in all, 69029 Farnam, NE provides a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFarnamNebraskaUnited States
    Unlock87.8100.0
  92.1  Unlock100.0
    Unlock131.3100.0
  26.7  Unlock100.0
    Unlock$228,100$338,100
  90.1  Unlock100.0
    Unlock76.1100.0
  98.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.