| Grand Island, NE | |
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| State | Nebraska |
| Population | 51,147 |
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In comparison to nearby areas, Grand Island is significantly more expensive, and it is substantially less expensive compared to the rest of the country.
The median home cost in Grand Island is $140,800. In comparison to other places in this area it is about $39,533 (39%) higher.In comparison to the US as a whole it is approximately $76,700 (35%) lower.
Grand Island's median rent is $767 per month. This is is very similar in comparison to its nearby areas.It is approximately $295 (27%) lower in comparison to the United States as a whole.
Alda is about 6 miles southwest of Grand Island. Housing prices there are substantially less expensive. The median home value in Alda is $79,700, which is $61,100 (76%) lower than Grand Island. Its rents are fairly similar. Alda's median rent is $775 a month, which comes out to $8 (1%) higher than Grand Island.
Phillips is about 6 miles east from Grand Island. Its housing prices are a lot less expensive. The median home price in Phillips is $90,800, which is $50,000 (55%) lower than Grand Island. The rent there is a bit less expensive. The median rent in Phillips is $700 a month, which is $67 (9%) lower than Grand Island.
Doniphan is about 9 miles south of Grand Island. Housing prices there are fairly similar. The median home in Doniphan is valued at $134,200, which comes out to $6,600 (4%) lower than Grand Island. Rent there is similar. The median rent in Doniphan is $790 per month, which works out to $23 (2%) higher than Grand Island.
Chapman is approximately 11 miles northeast of Grand Island. Real estate prices there are a lot less expensive. Chapman's median home price is $68,500, which comes out to $72,300 (105%) lower than Grand Island. The rent there is a bit more expensive. In Chapman the median rent is $811 per month, which comes out to $44 (5%) higher than Grand Island.
Cairo is approximately 12 miles northwest from Grand Island. The housing prices there are a bit less expensive. The median home value in Cairo is $131,600, which works out to $9,200 (6%) lower than Grand Island. Its rents are similar. The median monthly rent in Cairo is $738, which works out to $29 (3%) lower than Grand Island.
Wood River is approximately 12 miles southwest from Grand Island. Its real estate prices are substantially less expensive. The median home in Wood River costs $102,800, which is $38,000 (36%) lower than Grand Island. Its rents are fairly similar. The median monthly rent in Wood River is $759, which comes out to $8 (1%) lower than Grand Island.