Housing costs in Palmyra?
A typical home costs
$312,800, which is 7.5% less expensive than the national average of
$338,100 and 37.1% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Palmyra costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$970.
Can I afford Palmyra?
To live comfortably in Palmyra (zip 68418), Nebraska, a minimum annual income of
$59,760 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Palmyra?
The cost of living in 68418 Palmyra, NE is quite low compared to the national average. According to Best Places, the median home cost for the area is $118,500 while the median household income in Palmyra is only $50,404; both of these figures are substantially lower than the national averages. Additionally, grocery and health care costs are about 13% lower than what you would find on average in other places. This low cost of living makes it an ideal place for those looking to save money while living in a rural setting.