The housing market plays a significant role in determining the cost of living in Papillion, NE.
In considering a move to Papillion, NE, the housing market indicates a moderate housing index of 90.0, suggesting affordability compared to national averages. With a median home price of 273000, potential homeowners face relatively accessible entry costs. Renters should expect to pay about 1200 for a 2-bedroom apartment or 1245 for a 2-bedroom house, which reflects competitive pricing in the area. Overall, whether buying or renting, Papillion offers a balance of affordability, making it a practical option for those looking to relocate.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Papillion, NE.
Living in Papillion, 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Papillion, NE, consider the following factors: