Zip 68883 (Wood River, NE) Cost of Living


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How much do I need to live in Wood River, 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.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Wood River cost of living score
83.7
Less expensive
16.3% lower
than the US average
4.7% lower
than the Nebraska average
Wood River (zip 68883), Nebraska gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 4.7% higher than the average for Nebraska.

Zip 68883 (Wood River, NE)

Housing costs in Wood River?
A typical home costs $225,100, 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 Wood River costs $830 per month, which is 14.4% cheaper than the national average of $970 and 6.0% cheaper than the state average of $880.

Can I afford Wood River?
To live comfortably in Wood River (zip 68883), Nebraska, a minimum annual income of $43,200 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Wood River?
Wood River, NE is an affordable place to live, with the cost of living being 13% lower than the national average. Housing costs in Wood River are around 36% lower than the national average, making it one of the most affordable places to live in Nebraska. The median home value in Wood River is just $83,300, which is much lower than the state's median home value of $154,400. Additionally, utility costs in Wood River are around 15% lower than the national average and transportation costs are 11% lower than the national average. With a low cost of living and plenty of entertainment options in town, Wood River is an ideal place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWood RiverNebraskaUnited States
    Unlock87.8100.0
  97.0  Unlock100.0
    Unlock131.3100.0
  53.4  Unlock100.0
    Unlock$228,100$338,100
  92.3  Unlock100.0
    Unlock76.1100.0
  103.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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