Cost of Living in Crofton, NE

With a cost of living index of 55, Crofton, NE is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 17% below the Nebraska state average of 72. Crofton is a small community of 920 residents.

Housing costs are the biggest factor in Crofton's cost of living. The median monthly rent is $456 (65% below the US median of $1,319), and the median home value sits at $119,000 (61% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in Crofton is $80,000, which is 6% higher than the national median of $75,149. Residents spend roughly 7% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Crofton. The area sees an average annual temperature of 48.7°F, with summers averaging 73°F and winters around 23°F. Annual rainfall totals 28.7 inches spread over roughly 88 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.