Cost of Living in Buffalo County, Nebraska

$911/mo
Median Monthly Rent
$236,800
Median Home Value

At a Glance

Median Monthly Rent
$911/mo
16% above state average
Median Home Value
$236,800
16% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Buffalo County Compares

Median monthly rent comparison

Buffalo County$911/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$911/mo
Median Gross Rent
$236,800
Median Home Value
$1,239/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Buffalo County ranks #2,648 of 3,144 counties for affordability (bottom 16%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Buffalo County, Nebraska

Buffalo County matches national norms

Buffalo County's rent-to-income ratio of 14.7% sits just slightly above Nebraska's state average of 14.2% and remains well below the national benchmark. With a median household income of $74,570—virtually identical to the national median of $74,755—this county offers fairly balanced housing affordability.

Middle-of-the-road affordability

Buffalo County ranks solidly in Nebraska's affordability middle, with housing costs that track closely to state averages. The county's income levels help offset rental costs, making it more accessible than struggling rural neighbors.

Higher costs, higher incomes

Buffalo County's $911 rent is notably higher than Cedar County ($683) and Burt County ($688), but its $74,570 median income significantly exceeds these neighbors. This income advantage makes Buffalo County's relatively pricier housing more manageable than raw numbers suggest.

Buffalo County housing balance

Renters here spend roughly $10,932 annually on housing—about 14.7% of a typical $74,570 income—while homeowners allocate 19.9% toward ownership costs. The gap reflects Buffalo County's higher home values ($236,800 median), which appeal to established families with stronger finances.

Affordability for mid-income earners

Buffalo County works well for households earning $70,000–$85,000, offering rental and ownership options without severe affordability stress. The county's balanced income-to-housing ratio makes it an attractive Nebraska base for regional workers.

Cost of Living Advisory: Buffalo County

Affordability Verdict

Buffalo County is affordable for renters, with a median gross rent of $911/month representing approximately 14.7% of median household income. The rent burden (GRAPI) stands at 25.0%.

Rent vs. Own

The median rent in Buffalo County is $911/month, while owner costs run $1,239/month. Renting saves approximately $328/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,440/year. For owner costs at the 28% rule, the required income is roughly $53,100/year. With a median household income of $74,570, most households can comfortably afford rent here. Notably, 25.0% of renter households in Buffalo County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Buffalo County sits 7% more expensive than Adams County ($853/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Buffalo County

$

Rent Burden

14.7%

of gross income

Max Housing (28% Rule)

$1,740

per month

Owner Cost Burden

19.9%

of gross income

The median home in Buffalo County may be a stretch

Median home value is $236,800. Estimated monthly cost: $1,890 vs. your max of $1,740.

Rent Affordability Guide

Your rent-to-income ratio14.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $74,570Needed: $36,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $74,570Needed: $53,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $74,570Needed: $55,110

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Buffalo County, Nebraska?
Buffalo County, Nebraska has a median monthly rent of $911/mo and a median home value of $236,800. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Buffalo County?
The median gross rent in Buffalo County is $911/mo. This is 16% above state average for Nebraska.
Is Buffalo County affordable?
Buffalo County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Buffalo County's rent compare to the state average?
Buffalo County's median rent of $911/mo is 16% above state average of $783/mo for Nebraska.
What is the median home value in Buffalo County?
The median home value in Buffalo County, Nebraska is $236,800. This is 16% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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