salaryRent is lower than in 53% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $63,360 a year. That is $30 an hour at a full-time job.
Is rent cheaper than other Nebraska cities?
No. Rent here is more expensive than in most of Nebraska. It is number 30 of 34 cities from cheapest to most expensive.
How much do households earn in Chalco?
Share of households by yearly income. 25.7% of households earn $100,000 or more.
Rent by apartment size in Chalco
| Size | Chalco | U.S. average |
|---|---|---|
| Studio | $1,398 | $1,338 |
| 1 bedroom | $1,086 | $1,324 |
| 2 bedrooms | $1,402 | $1,509 |
| 3 bedrooms | $2,013 | $1,698 |
| 4 bedrooms | $2,016 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Chalco overall?
Everyday prices in Nebraska overall are 10% below the U.S. average (index 90.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chalco, so the Nebraska figure is shown.
Taxes and bills in Chalco
Life in Chalco
Is it cheaper to rent or buy in Chalco?
Renting is cheaper right now: about $72 a month less.
Owning assumes a typical $238,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,860 for the down payment.
Frequently asked questions
What is the average rent in Chalco, NE?
Renting in Chalco costs a median of about $1,584 a month in 2026, including utilities. The Nebraska median is $1,096.
How much do I need to make to live in Chalco?
To keep rent under 30% of income, you need about $63,360 a year, or $30 an hour at a full-time job.
Is Chalco cheap or expensive?
Chalco is rated OK: rent takes 20.6% of the typical household income of $92,397. It ranks 30th cheapest of 34 Nebraska cities we track.
How much are property taxes in Chalco?
The median homeowner in Chalco pays $4,052 a year in property taxes, about 1.70% of the median home value.
Is Chalco 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 Chalco?
The median home value in Chalco is $238,600, about 2.6 times the typical yearly household income.
10,595 people live in Chalco. Numbers are typical (middle) values.