Zip 68366 (Greenwood, NE) Cost of Living


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Greenwood cost of living score
94.1
Less expensive
5.9% lower
than the US average
7.2% higher
than the Nebraska average
Greenwood (zip 68366), Nebraska gets a BestPlaces Cost of Living score of 94.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% lower than the U.S. average and 7.2% lower than the average for Nebraska.

Zip 68366 (Greenwood, NE)

Housing costs in Greenwood?
A typical home costs $258,200, which is 23.6% less expensive than the national average of $338,100 and 13.2% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Greenwood costs $1,120 per month, which is 15.5% more than the national average of $970 and 3.6% more than the state average of $1,080.

Can I afford Greenwood?
To live comfortably in Greenwood (zip 68366), Nebraska, a minimum annual income of $49,320 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in 68366 Greenwood, NE is quite affordable. According to the ACCRA Cost of Living Index, the average cost of goods and services in the city is 85.4, which is 15% lower than the national average. The housing market in Greenwood is also very competitive with low median home values and rents that are generally lower than most other places in Nebraska. Property taxes are also much lower than most of the state, which further adds to Greenwood’s appeal for those looking for an affordable place to live. In addition, utilities costs are relatively low compared to many other parts of Nebraska. All these factors make 68366 Greenwood, NE a great location for those looking to save money while still enjoying a high quality of life.
   Cost of living score
     CategoriesGreenwoodNebraskaUnited States
  94.187.8100.0
  97.594.9100
  134.1131.3100.0
  70.070.3100.0
  $258,200$228,100$338,100
  102.8%95.0%100.0%
  89.676.1100.0
  136.2114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime