Cost of Living in Brainard, NE
Housing
The housing market plays a significant role in determining the cost of living in Brainard, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: $114,000
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
Based on the provided data, moving to Brainard, NE seems promising. The median home price is a manageable 114000, making homeownership more accessible compared to many areas. However, the housing index indicates an uncertain rental market with both the average rent for a 2BR apartment and house observed at 1313 and 1427 respectively, suggesting possible availability issues or unique market circumstances. Overall, this combination may attract first-time homebuyers seeking affordability while potential renters might need to explore additional options in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brainard, 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 Brainard, 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 Brainard is a financially viable option for your relocation.