Chadron, NE Cost Of Living
Cost Of Living In Chadron, NE Summary
Cost of living in Chadron research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Chadron is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nebraska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Chadron is 90, with 100 being the average.
The cost of living index in Chadron is 0.9x lower than the national average.
Chadron ranks as the #24 cheapest in Nebraska out of 34.
Chadron ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Chadron is $132,700.
The median income in Chadron is $50,363.
Table Of Contents
Chadron's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Chadron, NE?
According to the most recent data on the cost of living, Chadron has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Nebraska, Chadron has a cost of living index that's 1.0x lower than Nebraska's index of 91.
The standard of living in Chadron ranks as #24 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Chadron ranks as the #10 most expensive place in the Cornhusker State.
For more reading on life in Chadron, check out:
- Living In Chadron
- Chadron Crime Report
- Search Homes For Sale In Chadron, NE
In Nebraska
In America
Chadron Cost Of Living Vs. Nebraska
Six factors go into calculating the cost of living index in Chadron. Here is how it fairs on each of the criteria:
The Services index in Chadron is 106.
The Groceries index in Chadron is 101.
The Health index in Chadron is 102.
The Housing index in Chadron is 62.
The Transportation index in Chadron is 85.
The Utilities index in Chadron is 89.
| Living Expense | Chadron | Nebraska | National Average | |
|---|---|---|---|---|
| Overall | 90 | 91 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 101 | 96 | 100 | |
| Health | 102 | 99 | 100 | |
| Housing | 62 | 80 | 100 | |
| Transportation | 85 | 99 | 100 | |
| Utilities | 89 | 86 | 100 | |
Chadron, NE Housing Cost Breakdown
Housing swings affordability the most between places in Nebraska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Chadron is $132,700.
The Median Rent in Chadron is $719.
The Median Income in Chadron is $50,363.
The Home Value To Income in Chadron is 2.6x.
The Rent To Monthly Income in Chadron is 0.17x.
| Statistic | Chadron | Nebraska | United States |
|---|---|---|---|
| Median Home Value | $132,700 | $174,100 | $244,900 |
| Median Rent | $719 | $909 | $1,163 |
| Median Income | $50,363 | $66,644 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Chadron, NE Costs By Category
Detailed Chadron Services Costs Vs. Nebraska
Detailed Chadron Groceries Costs Vs. Nebraska
Detailed Chadron Health Costs Vs. Nebraska
Detailed Chadron Transportation Costs Vs. Nebraska
Detailed Chadron Utilities Costs Vs. Nebraska
Chadron SnackAbility
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