Housing costs in Grand Island?
A typical home costs
$236,100, which is 30.2% less expensive than the national average of
$338,100 and 3.5% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Grand Island costs
$880 per month, which is 9.3% cheaper than the national average of
$970 and close to the state average of
$880.
Can I afford Grand Island?
To live comfortably in Grand Island (zip 68803), Nebraska, a minimum annual income of
$45,360 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Grand Island?
The cost of living in Grand Island, NE is quite affordable. According to BestPlaces, the city has a cost of living index score of 74.4, which is 24.6 points lower than the national average (99). This means that basic expenses like groceries, transportation and healthcare are significantly more affordable in Grand Island compared to other cities in the country. Additionally, housing prices in Grand Island are quite reasonable with a median house value of around $150,000 and an average rental price of $900 per month. All these factors make Grand Island an attractive option for people looking for a great place to live at an affordable cost.