Cost of Living in Mullen, NE

With a cost of living index of 56, Mullen, NE is one of the most affordable cities in the country. Living here is 44% cheaper than the national average and 16% below the Nebraska state average of 72. Mullen is a small community of 419 residents.

Housing costs are the biggest factor in Mullen's cost of living. The median monthly rent is $569 (57% below the US median of $1,319), and the median home value sits at $81,900 (73% 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 Mullen is $45,610, which is 39% lower than the national median of $75,149. Residents spend roughly 15% 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 Mullen. The area sees an average annual temperature of 48.1°F, with summers averaging 70°F and winters around 27°F. Annual rainfall totals 18.3 inches spread over roughly 94 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.