Cost of Living in Bennington, NE
Housing
The housing market plays a significant role in determining the cost of living in Bennington, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: $291,000
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
In analyzing the housing situation in Bennington, NE, we discover a housing index of 89.7, indicating a relatively affordable market compared to the national average. The median home price stands at 291000, making ownership a feasible option, especially for first-time buyers. Renting remains an alternative with average costs for a 2-bedroom apartment at 1313 and a house at 1427. Additionally, local amenities and job opportunities should be weighed in your decision. Evaluating such factors can help you determine the best living situation for you in this evolving market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bennington, 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 Bennington, 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 Bennington is a financially viable option for your relocation.