Cost of Living in North platte, NE

Housing

The housing market plays a significant role in determining the cost of living in North platte, NE.

• Housing Index: 90.5 / 100
• Median Home Price is: $200000
• Average Rent (2 BR Apartment): $900 per month
• Average Rent (2 BR House): $864.8 per month

When considering a move to North platte, NE, the housing index of 90.5 expresses a cost structure that is relatively affordable compared to the national average. With a median home price of 200000 and average rents for a 2-bedroom apartment at 900 and for a house at 864.8, this location presents good options for both renters and homebuyers. Given the financial prospects and unique community offerings in North platte, it's an attractive choice for families or individuals looking for more budget-friendly living options.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North platte, NE.

• Electricity Price: 12.92 USD (median by state)
• Natural Gas Price: $13.89 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $200 per month

Living in North platte, NE could entail higher utility costs. Electricity costs sit at 12.92, while natural gas is priced at 13.89 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 98.7

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $56890

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to North platte, NE, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.