States › Nebraska › North Platte

Is North Platte, NE expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,26528% lower than U.S. average
💵 Families earn per year (2026)$62,658about $5,222/month · 28% lower than U.S. average
🔑 House price$169,10049% lower than U.S. average

Rent is lower than in 71% 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 13.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $50,600 a year. That is $24 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 24 of 34 cities from cheapest to most expensive.

North Platte
$1,265
$1,030
$1,990
$1,105
$1,517
$1,625

How much do households earn in North Platte?

Under $25k
21.4%
$25k–50k
26.0%
$50k–100k
34.0%
$100k–150k
12.3%
$150k+
2.9%

Share of households by yearly income. 15.3% of households earn $100,000 or more.

Rent by apartment size in North Platte

SizeNorth PlatteU.S. average
Studio$944$1,338
1 bedroom$721$1,324
2 bedrooms$1,036$1,509
3 bedrooms$1,066$1,698
4 bedrooms$1,045$2,098

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

How expensive is North Platte 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 North Platte, so the Nebraska figure is shown.

Taxes and bills in North Platte

🏛️ Property tax$2,631a year · 1.56% of home value · U.S. $3,119
⚡ Electric bill$161a month (typical) · U.S. $156

Life in North Platte

Commute to work13.3 minU.S.: 26.4 min
College degree20.8%U.S.: 35.7%
Own their home58.5%U.S.: 65.2%
Below poverty line15.4%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in North Platte?

Buying is cheaper month to month: about $92 a month less than renting.

Renting
$1,265
Owning
$1,173

Owning assumes a typical $169,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,910 for the down payment.

Frequently asked questions

What is the average rent in North Platte, NE?

Renting in North Platte costs a median of about $1,265 a month in 2026, including utilities. The Nebraska median is $1,096.

How much do I need to make to live in North Platte?

To keep rent under 30% of income, you need about $50,600 a year, or $24 an hour at a full-time job.

Is North Platte cheap or expensive?

North Platte is rated OK: rent takes 24.2% of the typical household income of $62,658. It ranks 24th cheapest of 34 Nebraska cities we track.

How much are property taxes in North Platte?

The median homeowner in North Platte pays $2,631 a year in property taxes, about 1.56% of the median home value.

Is North Platte 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 North Platte?

The median home value in North Platte is $169,100, about 2.7 times the typical yearly household income.

22,831 people live in North Platte. Numbers are typical (middle) values.