Housing costs in Palmer?
A typical home costs
$236,000, which is 30.2% less expensive than the national average of
$338,100 and 3.5% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Palmer 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 Palmer?
To live comfortably in Palmer (zip 68864), Nebraska, a minimum annual income of
$45,360 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Palmer?
The cost of living in 68864 Palmer, NE is relatively reasonable compared to other cities in the United States. The median home value is around $110,200 and the median household income is around $63,900; both figures are well below national averages and provide an indication that living in this area is more affordable than many other parts of the country. Groceries and utilities are also significantly cheaper than what you would find in bigger cities, making it a great option for those looking for an affordable place to live. Property taxes are among the lowest in the state of Nebraska, providing yet another incentive to move to this area. Overall, 68864 Palmer is an attractive destination for those looking for an affordable place to call home without sacrificing basic amenities or quality of life.