Cost of Living in Amherst, NE
Housing
The housing market plays a significant role in determining the cost of living in Amherst, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
Based on the data provided for Amherst, NE, it appears the housing market metrics show zero activity, indicating uncertain or potentially stagnant conditions. The housing index sitting at 89.7 reflects this lethargy, making it a likely challenging environment for both buyers and renters. The average rent for a 2BR apartment at 1313 and the average for a 2BR house at 1427 support the notion of inactivity, while the median home price of 0 suggests a lack of market movement. Before moving, it's vital to consider nearby surrounding areas that may offer better housing opportunities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Amherst, 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.): $221 per month
Living in Amherst, 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 $221 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 Amherst is a financially viable option for your relocation.