Zip 68029 (Herman, NE) Cost of Living


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Herman cost of living score
91.7
Less expensive
8.3% lower
than the US average
4.4% higher
than the Nebraska average
Herman (zip 68029), Nebraska gets a BestPlaces Cost of Living score of 91.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.3% lower than the U.S. average and 4.4% lower than the average for Nebraska.

Zip 68029 (Herman, NE)

Housing costs in Herman?
A typical home costs $323,600, which is 4.3% less expensive than the national average of $338,100 and 41.9% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Herman costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 9.0% cheaper than the state average of $970.

Can I afford Herman?
To live comfortably in Herman (zip 68029), Nebraska, a minimum annual income of $61,920 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Herman?
The cost of living in Herman, NE (zip code 68029) is relatively low compared to other parts of the country. According to Sperling's Best Places, the cost of living in Herman is 11% lower than the national average and 5% lower than the state average. The median home price in Herman is $117,000 which makes it a very affordable place to live. Groceries and transportation costs are also lower than the national average, making it a great place to live for those looking for an affordable option. In addition, taxes are relatively low with an overall tax rate of 6.9%, which includes sales tax at 7.08%. All these factors make Herman an attractive place to live for those looking for a budget-friendly option.
   Cost of living score
     CategoriesHermanNebraskaUnited States
  91.787.8100.0
  95.194.9100
  114.5131.3100.0
  48.070.3100.0
  $323,600$228,100$338,100
  101.7%95.0%100.0%
  85.376.1100.0
  136.8114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime