Housing costs in Memphis?
A typical home costs
$140,900, which is 58.3% less expensive than the national average of
$338,100 and 38.2% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Memphis costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$970.
Can I afford Memphis?
To live comfortably in Memphis (zip 68042), Nebraska, a minimum annual income of
$27,000 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Memphis?
The cost of living in 68042 Memphis, NE is relatively low. This is due to the fact that it is a rural area with a small population. The median home price in this area is $134,000 and the median household income is $46,521. Additionally, the average utility costs are also lower than those of larger cities, making it an affordable place for residents to live. There are plenty of amenities nearby as well such as parks, restaurants, and shopping centers. Those looking to live in a rural setting without breaking the bank should consider 68042 Memphis, NE.