States › Nebraska › Crete

Is Crete, NE expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,03541% lower than U.S. average
💵 Families earn per year (2026)$83,270about $6,939/month · 4% lower than U.S. average
🔑 House price$223,50033% lower than U.S. average

Rent is lower than in 86% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.1 minutes.

How much money do I need?

To rent here comfortably, you should earn about $41,400 a year. That is $20 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 11 of 34 cities from cheapest to most expensive.

Crete
$1,035
$1,260
$910
$1,136
$1,103
$1,037

How much do households earn in Crete?

Under $25k
14.2%
$25k–50k
26.6%
$50k–100k
36.9%
$100k–150k
14.0%
$150k+
8.6%

Share of households by yearly income. 22.6% of households earn $100,000 or more.

Rent by apartment size in Crete

SizeCreteU.S. average
Studio$639$1,338
1 bedroom$744$1,324
2 bedrooms$1,041$1,509
3 bedrooms$1,420$1,698

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

How expensive is Crete 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 Crete, so the Nebraska figure is shown.

Taxes and bills in Crete

🏛️ Property tax$2,777a year · 1.24% of home value · U.S. $3,119
⚡ Electric bill$216a month (typical) · U.S. $156

Life in Crete

Commute to work18.1 minU.S.: 26.4 min
College degree18.4%U.S.: 35.7%
Own their home69.3%U.S.: 65.2%
Below poverty line11.6%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Crete?

Renting is cheaper right now: about $516 a month less.

Renting
$1,035
Owning
$1,551

Owning assumes a typical $223,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,350 for the down payment.

Frequently asked questions

What is the average rent in Crete, NE?

Renting in Crete costs a median of about $1,035 a month in 2026, including utilities. The Nebraska median is $1,096.

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

To keep rent under 30% of income, you need about $41,400 a year, or $20 an hour at a full-time job.

Is Crete cheap or expensive?

Crete is rated Cheap: rent takes 14.9% of the typical household income of $83,270. It ranks 11th cheapest of 34 Nebraska cities we track.

How much are property taxes in Crete?

The median homeowner in Crete pays $2,777 a year in property taxes, about 1.24% of the median home value.

Is Crete 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 Crete?

The median home value in Crete is $223,500, about 2.7 times the typical yearly household income.

7,527 people live in Crete. Numbers are typical (middle) values.