Cost of Living in Culbertson, NE

With a cost of living index of 62, Culbertson, NE is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 10% below the Nebraska state average of 72. Culbertson is a small community of 635 residents.

Housing costs are the biggest factor in Culbertson's cost of living. The median monthly rent is $778 (41% below the US median of $1,319), and the median home value sits at $82,500 (73% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.

The median household income in Culbertson is $47,361, which is 37% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Culbertson. The area sees an average annual temperature of 52.2°F, with summers averaging 75°F and winters around 30°F. Annual rainfall totals 20.1 inches spread over roughly 79 days.

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.