Cost of Living in Linwood, NE
Housing
The housing market plays a significant role in determining the cost of living in Linwood, NE.
- Housing Index: 89.7 / 100
- Median Home Price is: $187,000
- Average Rent (2 BR Apartment): $1313 per month
- Average Rent (2 BR House): $1427 per month
Considering a move to Linwood, NE? The housing index indicates very low activity at 0.0, suggesting a calm market potentially ripe for investment opportunities or delayed economic expansion. The median home price stands at 187000, which suggests affordability compared to national averages. However, the absence of rental data for 2-bedroom apartments and houses may indicate a limited rental market or a high percentage of homeowners. This balance between low home prices and low rental availability can provide advantages for homebuyers, especially in a community-focused area where owning may be preferable to renting.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Linwood, 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 Linwood, 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 Linwood is a financially viable option for your relocation.