Cost of Living in Herman, NE
Housing
The housing market plays a significant role in determining the cost of living in Herman, 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
In analyzing the housing situation in Herman, NE, we find an alarming 89.7. With a median home price gazing at 0, and average rents for a 2-bedroom apartment and house flagged at 1313 and 1427 respectively, the scenario implies a challenging housing market. This could mean limited availability or other underlying economic issues. For relocation consider local job opportunities, community infrastructure, and lifestyle factors that sum up your potential living experience. Keep these considerations in mind as you explore your options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Herman, 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 Herman, 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 Herman is a financially viable option for your relocation.