Cost of Living in Dunbar, NE

With a cost of living index of 57, Dunbar, NE is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 15% below the Nebraska state average of 72. Dunbar is a small community of 246 residents.

Housing costs are the biggest factor in Dunbar's cost of living. The median monthly rent is $688 (48% below the US median of $1,319), and the median home value sits at $57,600 (81% below the national median of $304,900). At current prices, the median home costs roughly 0.6x the median household income — well within traditional affordability guidelines.

The median household income in Dunbar is $88,750, which is 18% higher than the national median of $75,149. Residents spend roughly 9% 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 Dunbar. The area sees an average annual temperature of 51.2°F, with summers averaging 74°F and winters around 27°F. Annual rainfall totals 32.3 inches spread over roughly 111 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.