Cost of Living in Marquette, NE
Housing
The housing market plays a significant role in determining the cost of living in Marquette, 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
If you're considering relocating to Marquette, NE, it's essential to evaluate the housing market. Currently, the housing index is at an unprecedented low of 89.7, which may indicate a buyers' market, making now an ideal time for investment. The median home price of 100000 suggests affordability compared to many urban areas. However, with the average rent for a 2-bedroom apartment and house reported at 1313 and 1427, respectively, further insight is required into the rental landscape. Understanding local amenities, job opportunities, and community features will be critical in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marquette, 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 Marquette, 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 Marquette is a financially viable option for your relocation.