Cost of Living in Craig, NE
Housing
The housing market plays a significant role in determining the cost of living in Craig, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
Considering the provided data for Craig, NE, the housing index stands at an affordable 0.0, which indicates a promising landscape for homebuyers and renters alike; however, other key figures are missing. The median home price of 100000 is notably low, making homeownership more accessible. Without the average rents for a 2-bedroom apartment or house, it’s difficult to gauge the rental market fully. Nevertheless, with competitive home prices prevailing nationwide, securing property now could be much more rewarding in the long term. Research into additional local amenities and economic factors will bolster your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Craig, 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 Craig, 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 Craig is a financially viable option for your relocation.