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Cost of Living in Mills County

Is it better to rent or buy in Mills County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$90,686
$967/mo

Median in area: $967

$267,004

Median in area: $267,004

$53,401

If you Rent

🔑
$1,184 /mo
Base Rent$967
Est. Utilities$217
% of Income15.7%
Pre-tax Residual$6,373

If you Buy

🏠
$2,062 /mo
P&I (7.096%)$1,435
Taxes & Ins$410
Est. Utilities$217
% of Income27.3%
Pre-tax Residual$5,495

Compare Nearby Areas

See how Mills County stacks up against neighboring areas.

countySarpy County, NE
$1,423/mo
countyCass County, NE
$1,127/mo
countyMontgomery County, IA
$821/mo
countyFremont County, IA
$688/mo
countyPottawattamie County, IA
$1,050/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Mills County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Mills County. The estimated all-in monthly cost for renting is $1,184, while owning a median-priced home with a 20% down payment is roughly $2,062 per month (a difference of $878).

How much do utilities cost in Mills County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Mills County is approximately $217. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Mills County?›

To comfortably afford the median rent and utilities in Mills County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $47,360 per year.