Cost of Living in Royal, NE
Population: 40 | Nebraska
Royal is 23% less expensive than the national average.
Cost of Living in Royal, NE: What You Need to Know
With a cost of living index of 77, Royal, 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. Royal is a small community of 40 residents.
The median household income in Royal is $57,917, which is 23% lower than the national median of $75,149. 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 Royal. 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.
Income
- Median Household Income
- $57,917
- vs US Median ($75,149)
- -23%
Housing
- Median Home Value
- $61,300
- Median Monthly Housing Cost
- $438/mo
Climate in Royal
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 33 | 37 | 50 | 61 | 72 | 82 | 86 | 84 | 77 | 64 | 48 | 36 |
| Avg °F | 22 | 26 | 38 | 49 | 60 | 70 | 75 | 72 | 64 | 51 | 37 | 26 |
| Low °F | 12 | 16 | 26 | 37 | 48 | 59 | 63 | 61 | 51 | 38 | 25 | 16 |
| Rain" | 0.6 | 0.8 | 1.4 | 2.7 | 4.0 | 4.4 | 3.0 | 3.5 | 2.4 | 2.2 | 1.2 | 0.8 |