States › Nebraska › Norfolk

Is Norfolk, NE expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,10537% lower than U.S. average
💵 Families earn per year (2026)$63,506about $5,292/month · 27% lower than U.S. average
🔑 House price$211,70036% lower than U.S. average

Rent is lower than in 82% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are short, about 13 minutes.

How much money do I need?

To rent here comfortably, you should earn about $44,200 a year. That is $21 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 20 of 34 cities from cheapest to most expensive.

Norfolk
$1,105
Papillion
$1,990
Hastings
$1,030
Fremont
$1,517
Columbus
$970
North Platte
$1,265
Kearney
$1,096

How much do households earn in Norfolk?

Under $25k
16.0%
$25k–50k
28.0%
$50k–100k
30.2%
$100k–150k
12.1%
$150k+
7.0%

Share of households by yearly income. 19.1% of households earn $100,000 or more.

Rent by apartment size in Norfolk

SizeNorfolkU.S. average
Studio$657$1,338
1 bedroom$814$1,324
2 bedrooms$1,020$1,509
3 bedrooms$1,232$1,698
4 bedrooms$1,585$2,098

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

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

Taxes and bills in Norfolk

🏛️ Property tax$2,994a year · 1.41% of home value · U.S. $3,119
⚡ Electric bill$133a month (typical) · U.S. $156

Life in Norfolk

Commute to work13 minU.S.: 26.4 min
College degree24%U.S.: 35.7%
Own their home60.9%U.S.: 65.2%
Below poverty line14.3%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Norfolk?

Renting is cheaper right now: about $364 a month less.

Renting
$1,105
Owning
$1,469

Owning assumes a typical $211,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,170 for the down payment.

Frequently asked questions

What is the average rent in Norfolk, NE?

Renting in Norfolk costs a median of about $1,105 a month in 2026, including utilities. The Nebraska median is $1,096.

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

To keep rent under 30% of income, you need about $44,200 a year, or $21 an hour at a full-time job.

Is Norfolk cheap or expensive?

Norfolk is rated OK: rent takes 20.9% of the typical household income of $63,506. It ranks 20th cheapest of 34 Nebraska cities we track.

How much are property taxes in Norfolk?

The median homeowner in Norfolk pays $2,994 a year in property taxes, about 1.41% of the median home value.

Is Norfolk 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 Norfolk?

The median home value in Norfolk is $211,700, about 3.3 times the typical yearly household income.

26,054 people live in Norfolk. Numbers are typical (middle) values.