Housing costs in Waco?
A typical home costs
$141,200, which is 58.2% less expensive than the national average of
$338,100 and 38.1% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Waco costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 3.2% cheaper than the state average of
$970.
Can I afford Waco?
To live comfortably in Waco, Nebraska, a minimum annual income of
$27,000 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Waco?
The cost of living in Waco, NE is relatively low compared to other parts of the country. The average cost for housing is $90,000, which is much lower than the national median of $184,700. Groceries are similarly affordable, with an index of 92.1 compared to the national average of 100. Transportation costs are also reasonable; a monthly bus pass costs $25 and gasoline typically runs about $2.50 per gallon. Property taxes tend to be higher than average (1.7% vs 0.92% nationally), but this is offset by low sales tax (5.5% vs 6%). Altogether, these factors make Waco an attractive option for those looking for an affordable place to live in NE without sacrificing quality of life or safety.