Cost of Living in Kimball, NE
Housing
The housing market plays a significant role in determining the cost of living in Kimball, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
When considering a move to Kimball, NE, it's crucial to examine the housing landscape. Currently, the housing index is at 89.7, indicating a potentially challenging market for buyers and renters alike. With median home prices at an affordable 215000, it may be an opportune time for home purchases, especially for those looking to invest long-term. However, without specified rates for average rent, prospective renters should do further research to understand housing options better. Overall, it’s wise to consider additional factors such as local amenities, job opportunities, and community vibe to ensure a fulfilling move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kimball, 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 Kimball, 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 Kimball is a financially viable option for your relocation.