Cost of Living in Reynolds, NE
Population: 51 | Nebraska
Reynolds is 23% less expensive than the national average.
Cost of Living in Reynolds, NE: What You Need to Know
With a cost of living index of 77, Reynolds, NE is a very affordable place to live. Living here is 23% cheaper than the national average and 5% above the Nebraska state average of 72. Reynolds is a small community of 51 residents.
The median household income in Reynolds is $43,750, which is 42% lower than the national median of $75,149. Residents spend roughly 19% 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 Reynolds. The area sees an average annual temperature of 54.1°F, with summers averaging 77°F and winters around 31°F. Annual rainfall totals 28.4 inches spread over roughly 90 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.
Income
- Median Household Income
- $43,750
- vs US Median ($75,149)
- -42%
Housing
- Median Rent
- $675/mo
- Median Monthly Housing Cost
- $617/mo
Climate in Reynolds
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 39 | 44 | 55 | 65 | 75 | 86 | 90 | 88 | 80 | 68 | 53 | 41 |
| Avg °F | 29 | 33 | 44 | 53 | 64 | 74 | 79 | 76 | 69 | 56 | 42 | 32 |
| Low °F | 19 | 22 | 32 | 41 | 52 | 63 | 67 | 65 | 57 | 44 | 31 | 22 |
| Rain" | 0.7 | 0.9 | 1.5 | 2.5 | 4.3 | 3.8 | 4.2 | 3.5 | 2.8 | 2.0 | 1.2 | 1.0 |