Housing costs in Springfield?
A typical home costs
$229,600, which is 32.1% less expensive than the national average of
$338,100 and 0.7% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Springfield costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 10.2% more than the state average of
$970.
Can I afford Springfield?
To live comfortably in Springfield, Nebraska, a minimum annual income of
$43,920 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in Springfield, NE is generally considered to be low. According to the Missouri Economic Research and Information Center, the city鈥檚 overall cost of living index is 14.8% lower than the U.S. average. This means that housing costs are particularly reasonable, as are groceries, transportation costs, and health care expenses. The median home price in Springfield is around $210,000 and the median rent rate is approximately $888 per month. Groceries also tend to be quite affordable with an average grocery store bill being about 10 percent less than the national average. Similarly, transportation costs are also typically lower than other cities due to its close proximity to Omaha and Lincoln. Health care expenses tend to be a bit higher than other areas but still remain relatively low compared to other parts of the country.