NE · Rank 20 of 50 affordable

Can teachers afford to live in Nebraska?

Tight, but workable.

The average Nebraska teacher earns $59,338 per year. A typical 2-bedroom rents for about $1,547/mo, which is 31% of gross monthly pay. The 30% rule is the standard healthy benchmark.

Avg Teacher Salary
$59,338
Cost-of-Living Index
91
US avg = 100
Affordability Score
46/100

Renting in Nebraska

2BR Rent / mo
$1,547
Annual Rent
$18,564
% of Salary
31%
Left after rent
$3,398/mo

Green zone is under the 30% healthy housing benchmark.

Buying a Home in Nebraska

Median Home Price
$382,200
10% Down
$38,220
P&I (7%, 30yr)
$2,289/mo
Full PITI
$2,750/mo

Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.

Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.

How Nebraska Compares