Housing costs in Nelson?
A typical home costs
$103,800, which is 69.3% less expensive than the national average of
$338,100 and 54.5% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Nelson costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 29.3% cheaper than the state average of
$970.
Can I afford Nelson?
To live comfortably in Nelson (zip 68961), Nebraska, a minimum annual income of
$19,800 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Nelson?
Living in 68961 Nelson, NE is relatively affordable. The cost of living index is an estimated 10% lower than the national average, making it a great place for those who are looking for more economical living. For example, housing prices and rental rates are significantly lower than average, with a median home value of $106,400 and median monthly rent of just $666. Additionally, groceries and utilities are also quite affordable in Nelson compared to other areas in the country. Overall, living in 68961 Nelson is much more economically viable than larger cities across Nebraska and nationwide.