Housing costs in Mitchell?
A typical home costs
$164,000, which is 51.5% less expensive than the national average of
$338,100 and 28.1% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Mitchell costs
$870 per month, which is 10.3% cheaper than the national average of
$970 and close to the state average of
$880.
Can I afford Mitchell?
To live comfortably in Mitchell (zip 69357), Nebraska, a minimum annual income of
$31,320 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Mitchell?
The cost of living in Mitchell, NE is very reasonable. The median home value for the area is just over $90,000 and the median rent is only around $625 per month. The cost of groceries and other necessities are also relatively low compared to larger cities. Property taxes are some of the lowest in the state and it's easy to find affordable housing options. It's a great place to live if you're looking for an affordable lifestyle that won't break your budget.