Cost of Living in Aurora
Aurora's cost of living centers on genuinely affordable housing and a real, declining state income tax rate, offset by property tax that runs above the national comparison figure.
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Learn moreGenuinely affordable housing, with a disclosed spread
Cited average home values ranged from $234,762 to $274,054 across sources reviewed this pass -- a real, disclosed spread this record does not resolve to one number, though both run well below the ~$408,776 national median (base record).
A genuinely wide rent range
One-bedroom units run $800-$2,070/month (average $1,280); two-bedroom units run $800-$2,545 (average $1,537) -- a real, disclosed wide range reflecting Aurora's small rental market (base record).
Property tax above the national figure, below the state average
Aurora's 1.08% effective property tax rate (the highest in Hamilton County) sits just above the ~1.02% national comparison figure but well below Nebraska's own statewide average of ~1.49%-1.73% (base record).
Nebraska's real, declining top income tax rate
Nebraska's 2026 top income tax rate of 4.55% is the latest step in a legislated phase-down toward a flat 3.99% by 2027, with Social Security income now fully exempt statewide (base record).
Key takeaways
- Aurora's housing runs affordable, though cited averages ($234,762-$274,054) show a real, disclosed spread.
- Rent runs a genuinely wide range: 1BR $800-$2,070, 2BR $800-$2,545.
- Aurora's 1.08% property tax rate runs above the national figure but well below Nebraska's own statewide average.
- Nebraska's 4.55% top income tax rate is scheduled to fall to a flat 3.99% by 2027.
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