States › Nebraska › Chadron

Is Chadron, NE expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$92347% lower than U.S. average
💵 Families earn per year (2026)$58,875about $4,906/month · 32% lower than U.S. average
🔑 House price$153,80054% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 13.7 minutes.

How much money do I need?

To rent here comfortably, you should earn about $36,920 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Nebraska cities?

Yes. Rent here is cheaper than in most of Nebraska. It is number 7 of 34 cities from cheapest to most expensive.

Chadron
$923
Holdrege
$923
Offutt AFB
$1,928
Wayne
$847
Sidney
$906
Ralston
$1,314
Schuyler
$1,160

How much do households earn in Chadron?

Under $25k
13.4%
$25k–50k
35.7%
$50k–100k
26.4%
$100k–150k
10.0%
$150k+
4.5%

Share of households by yearly income. 14.5% of households earn $100,000 or more.

Rent by apartment size in Chadron

SizeChadronU.S. average
1 bedroom$1,127$1,324
2 bedrooms$952$1,509

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Chadron overall?

Everyday prices in Nebraska overall are 10% below the U.S. average (index 90.1, U.S. = 100).

Housing
75
Goods (food, clothes…)
94
Utilities
76
Other services
93
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chadron, so the Nebraska figure is shown.

Taxes and bills in Chadron

🏛️ Property tax$2,059a year · 1.34% of home value · U.S. $3,119
⚡ Electric bill$161a month (typical) · U.S. $156

Life in Chadron

Commute to work13.7 minU.S.: 26.4 min
College degree43.6%U.S.: 35.7%
Own their home56.2%U.S.: 65.2%
Below poverty line13.2%U.S.: 12.5%
Unemployment1.8%U.S.: 5.2%

Is it cheaper to rent or buy in Chadron?

Renting is cheaper right now: about $144 a month less.

Renting
$923
Owning
$1,067

Owning assumes a typical $153,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,380 for the down payment.

Frequently asked questions

What is the average rent in Chadron, NE?

Renting in Chadron costs a median of about $923 a month in 2026, including utilities. The Nebraska median is $1,096.

How much do I need to make to live in Chadron?

To keep rent under 30% of income, you need about $36,920 a year, or $18 an hour at a full-time job.

Is Chadron cheap or expensive?

Chadron is rated Cheap: rent takes 18.8% of the typical household income of $58,875. It ranks 7th cheapest of 34 Nebraska cities we track.

How much are property taxes in Chadron?

The median homeowner in Chadron pays $2,059 a year in property taxes, about 1.34% of the median home value.

Is Chadron more expensive than the national average?

Overall prices in Nebraska are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Chadron?

The median home value in Chadron is $153,800, about 2.6 times the typical yearly household income.

5,160 people live in Chadron. Numbers are typical (middle) values.