Housing costs in Shelby?
A typical home costs
$164,400, which is 51.4% less expensive than the national average of
$338,100 and 27.9% less expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Shelby costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$970.
Can I afford Shelby?
To live comfortably in Shelby (zip 68662), Nebraska, a minimum annual income of
$31,680 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Shelby?
The cost of living in Shelby, NE 68662 is relatively low compared to other towns and cities in the United States. The median home value is about $76,000 which is well below the national average. Additionally, housing costs are quite low with the average rent for a one bedroom apartment coming in at around $550 per month. When it comes to groceries, there are plenty of options and prices remain affordable due to the competition between local markets and larger chains. Utility costs such as electricity and water remain moderate due to government regulations on energy providers. All in all, Shelby NE 68662 is an excellent place to live with its low cost of living being a real draw for many residents.