Cost of Living in Hoskins, NE

With a cost of living index of 84, Hoskins, NE is a very affordable place to live. Living here is 16% cheaper than the national average and 12% above the Nebraska state average of 72. Hoskins is a small community of 272 residents.

Housing costs are the biggest factor in Hoskins's cost of living. The median monthly rent is $1,333 (1% above the US median of $1,319), and the median home value sits at $142,900 (53% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.

The median household income in Hoskins is $77,500, which is 3% higher than the national median of $75,149. Residents spend roughly 21% 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 Hoskins. The area sees an average annual temperature of 49.2°F, with summers averaging 73°F and winters around 25°F. Annual rainfall totals 27 inches spread over roughly 98 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.