Zip 68647 (Monroe, NE) Cost of Living


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How much do I need to live in Monroe, Nebraska?
$3,600 / month
for a family, 33.3% less expensive than the national average A total of $43,200 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Monroe cost of living score
84.8
Less expensive
15.2% lower
than the US average
3.4% lower
than the Nebraska average
Monroe (zip 68647), Nebraska gets a BestPlaces Cost of Living score of 84.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.2% lower than the U.S. average and 3.4% higher than the average for Nebraska.

Zip 68647 (Monroe, NE)

Housing costs in Monroe?
A typical home costs $225,200, which is 33.4% less expensive than the national average of $338,100 and 1.3% less expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Monroe costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 10.2% cheaper than the state average of $970.

Can I afford Monroe?
To live comfortably in Monroe (zip 68647), Nebraska, a minimum annual income of $43,200 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Monroe?
The cost of living in 68647 Monroe, NE is fairly low compared to the national average. Although it is slightly higher than Nebraska's overall state average, the prices on everything from housing to groceries are still quite reasonable. The median home value in 68647 Monroe, NE sits at around $90,000 with rent prices averaging around $650 per month. Groceries and other essential items also remain relatively inexpensive with no sales tax applied. The area has a great balance between affordable living and access to quality amenities and services.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMonroeNebraskaUnited States
    Unlock87.8100.0
  94.3  Unlock100.0
    Unlock131.3100.0
  54.5  Unlock100.0
    Unlock$228,100$338,100
  93.1  Unlock100.0
    Unlock76.1100.0
  114.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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