Cost of Living in McCook

McCook's cost of living runs genuinely affordable on both housing and rent relative to Nebraska statewide averages.

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Genuinely affordable housing

McCook's average home value ran approximately $169,024 per Zillow -- well below the national median, up a real 5.1% year-over-year.

Low, though dated, rent figures

McCook's median gross rent was cited at approximately $846/month for 2024 -- significantly below the Nebraska statewide average, though this record discloses a real vintage gap on more current figures.

A genuinely elevated cited property tax rate

McCook's own cited city effective property tax rate (~1.75% per Ownwell) ran above the national median, though a separate source cited a lower Red Willow County figure (~1.28%).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.