Cost of Living in Cheyenne County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Cheyenne County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Cheyenne County, Nebraska
Cheyenne rents strain household budgets
Cheyenne County residents spend 19.0% of their median household income on rent, well above the national average of roughly 14-15% and the Nebraska state average of 14.2%. With a median household income of $57,594—significantly below the national median of $74,755—housing costs eat a larger share of paychecks here than in most of the country.
Among Nebraska's least affordable counties
Cheyenne County ranks as one of Nebraska's less affordable housing markets, with its 19.0% rent-to-income ratio placing it well above the state average. The gap signals that while housing costs are moderate in absolute terms ($912/month), local incomes are the real constraint.
Pricier than surrounding areas
Cheyenne County's median rent of $912 exceeds nearby Clay County ($701) and Colfax County ($902), putting it among the higher-rent counties in the region. Despite having lower median incomes than several neighbors, residents here pay more for comparable housing.
Rent dominates, ownership costs moderate
Monthly rent averages $912 while homeownership costs $864, but the real squeeze comes from income: the median household earns just $57,594 annually, meaning renters devote 19% of gross income to housing. First-time homebuyers looking at the median home value of $129,100 might find ownership more feasible than the current rental market.
Consider this if you're relocating here
If you're moving to Cheyenne County, budget conservatively—housing costs take a bigger slice of income than statewide norms. Compare your expected salary against the $57,594 median to ensure housing remains truly affordable before committing.
Affordability Calculator
See how your income compares to housing costs in Cheyenne County
Rent Burden
19.0%
of gross income
Max Housing (28% Rule)
$1,344
per month
Owner Cost Burden
18.0%
of gross income
You can likely afford the median home in Cheyenne County
Median home value is $129,100. Estimated monthly cost: $1,031 vs. your max of $1,344.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.