Housing costs in Gering?
A typical home costs
$174,400, which is 48.4% less expensive than the national average of
$338,100 and 23.5% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Gering costs
$850 per month, which is 12.4% cheaper than the national average of
$970 and 3.5% cheaper than the state average of
$880.
Can I afford Gering?
To live comfortably in Gering (zip 69341), Nebraska, a minimum annual income of
$33,480 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Gering?
Living in 69341 Gering, NE is generally quite affordable. The cost of living index is 84, which is 16 points below the national average of 100. This means that goods and services are much less expensive than the rest of the country. Housing costs are especially low with median rent being just $800 per month and median home prices coming in at only $133,400. In addition, taxes are relatively low compared to other states and utilities rates are also quite reasonable. All in all, 69341 Gering, NE offers a great option for those looking for an affordable place to live.