Zip 69150 (Madrid, NE) Cost of Living


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United States / Nebraska / No Metro Area / Perkins County / Madrid / Madrid (zip 69150)

Madrid cost of living score
80.5
Less expensive
19.5% lower
than the US average
8.3% lower
than the Nebraska average
Madrid (zip 69150), Nebraska gets a BestPlaces Cost of Living score of 80.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.5% lower than the U.S. average and 8.3% higher than the average for Nebraska.

Zip 69150 (Madrid, NE)

Housing costs in Madrid?
A typical home costs $198,000, which is 41.4% less expensive than the national average of $338,100 and 13.2% less expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Madrid costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 15.5% cheaper than the state average of $970.

Can I afford Madrid?
To live comfortably in Madrid (zip 69150), Nebraska, a minimum annual income of $37,800 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Madrid?
The cost of living in 69150 Madrid, NE is quite reasonable compared to other places in the country. The average listing price for a home is around $145,000, making it a great option for those looking to purchase their first home. Additionally, utilities are much lower than other markets, with electricity costing an average of $70-$90 per month. Prices at the grocery store are also relatively low as well. Prices on rent vary based on location and size of the unit but generally range from $700 to $1400 a month. All in all, the cost of living in 69150 Madrid makes it an attractive option for anyone looking for a place to call home.
   Cost of living score
     CategoriesMadridNebraskaUnited States
  80.587.8100.0
  9394.9100
  152.9131.3100.0
  37.770.3100.0
  $198,000$228,100$338,100
  94.3%95.0%100.0%
  61.676.1100.0
  125.0114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime