Zip 68749 (Magnet, NE) Cost of Living


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United States / Nebraska / No Metro Area / Cedar County / Magnet / Magnet (zip 68749)
How much do I need to live in Magnet, Nebraska?
$1,110 / month
for a family, 79.4% less expensive than the national average A total of $13,320 for the year for a family.
$1,833 / month
for a single person, 61.5% less expensive than the national average A total of $22,000 for the year for a single person.

Magnet cost of living score
80.1
Less expensive
19.9% lower
than the US average
8.8% lower
than the Nebraska average
Magnet (zip 68749), Nebraska gets a BestPlaces Cost of Living score of 80.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.9% lower than the U.S. average and 8.8% higher than the average for Nebraska.

Zip 68749 (Magnet, NE)

Housing costs in Magnet?
A typical home costs $69,000, which is 79.6% less expensive than the national average of $338,100 and 69.8% less expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Magnet costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 34.7% cheaper than the state average of $970.

Can I afford Magnet?
To live comfortably in Magnet (zip 68749), Nebraska, a minimum annual income of $13,320 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Magnet?
The cost of living in 68749 Magnet, NE is very affordable. Basic goods and services are very reasonably priced, making it an attractive option for people who are looking to save money while still enjoying the rural lifestyle that the area offers. The average cost of housing is quite low compared to other parts of the state, with the median home value being around $40,000. Property taxes are also relatively low as well, ensuring that residents don't have to worry about large amounts of money going towards taxes each year. Additionally, utilities are quite reasonable in 68749 Magnet, NE and food costs are also reasonably priced when compared to other areas within Nebraska. All in all, 68749 Magnet, NE is a great place for those seeking an affordable cost of living without sacrificing quality of life or access to amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMagnetNebraskaUnited States
    Unlock87.8100.0
  91.3  Unlock100.0
    Unlock131.3100.0
  19.1  Unlock100.0
    Unlock$228,100$338,100
  87.0  Unlock100.0
    Unlock76.1100.0
  107.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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