Cost of Living in Chadron, NE
Housing
The housing market plays a significant role in determining the cost of living in Chadron, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: $284,500
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
Considering the data for Chadron, NE, housing appears relatively affordable with a housing index of 89.7. The median home price of 284500 makes it accessible for many buyers, particularly compared to national averages. Renting a 2-bedroom apartment averages 1313, while a 2-bedroom house goes for 1427. This indicates a balanced rental market, appealing for both long-term residents and newcomers. Additionally, check local amenities and job opportunities which could further influence your decision to move to this promising area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chadron, 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 Chadron, 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 Chadron is a financially viable option for your relocation.