Zip 68838 (Farwell, NE) Cost of Living


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How much do I need to live in Farwell, Nebraska?
$3,690 / month
for a family, 31.7% less expensive than the national average A total of $44,280 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Farwell cost of living score
88.9
Less expensive
11.1% lower
than the US average
1.3% higher
than the Nebraska average
Farwell (zip 68838), Nebraska gets a BestPlaces Cost of Living score of 88.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.1% lower than the U.S. average and 1.3% lower than the average for Nebraska.

Zip 68838 (Farwell, NE)

Housing costs in Farwell?
A typical home costs $230,300, which is 31.9% less expensive than the national average of $338,100 and 1.0% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Farwell costs $870 per month, which is 10.3% cheaper than the national average of $970 and close to the state average of $880.

Can I afford Farwell?
To live comfortably in Farwell (zip 68838), Nebraska, a minimum annual income of $44,280 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Farwell?
68838 Farwell, NE has a relatively low cost of living. The median home value is only $94,000 and the median household income is just over $50,000. The cost of a basic monthly utility bill for a 915 square-foot home is estimated to be around $90-$110. Groceries are also affordable and the average cost of a meal at a mid-range restaurant is around $25. Overall, 68838 Farwell, NE provides an excellent quality of life with an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFarwellNebraskaUnited States
    Unlock87.8100.0
  91.8  Unlock100.0
    Unlock131.3100.0
  51.3  Unlock100.0
    Unlock$228,100$338,100
  92.1  Unlock100.0
    Unlock76.1100.0
  112.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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