Much like other places in this area, it is significantly less expensive compared to the United States as a whole. It's substantially less expensive compared to the city of Grand Island.
Home prices
The median home price in Scotia is $70,000. It is roughly $3,220 (4%) higher in comparison to the surrounding areas.It is roughly $147,500 (67%) lower compared to the entire nation, and it is roughly $70,800 (50%) lower in comparison to the city of Grand Island.
Rents
The median rent in Scotia is $492 per month. It is about $15 (3%) higher in comparison to nearby areas.It is approximately $570 (53%) lower in comparison to the US as a whole, and is about $275 (35%) lower compared to the city of Grand Island.
Nearby places
North Loup
North Loup is about 3 miles northwest from Scotia. Its real estate prices are a lot less expensive. North Loup's median home value is $49,800, which is $20,200 (40%) lower than Scotia. Its rents are a lot less expensive. North Loup's median monthly rent is $350, which works out to $142 (40%) lower than Scotia.
Greeley Center
Greeley Center is approximately 9 miles northeast of Scotia. Housing prices there are a lot less expensive. The median home in Greeley Center is valued at $47,000, which is $23,000 (48%) lower than Scotia. Rents there are a bit less expensive. The median monthly rent in Greeley Center is $447, which is $45 (10%) lower than Scotia.
Ord
Ord is approximately 12 miles northwest of Scotia. Housing prices there are a little more expensive. The median home in Ord is valued at $97,300, which comes out to $27,300 (28%) higher than Scotia. Its rents are a little more expensive. In Ord the median monthly rent is $556, which works out to $64 (11%) higher than Scotia.
Elba
Elba is roughly 13 miles southeast of Scotia. Its housing prices are a little more expensive. Elba's median home price is $90,600, which comes out to $20,600 (22%) higher than Scotia. Rent there is a little more expensive. In Elba the median rent is $605 per month, which works out to $113 (18%) higher than Scotia.
Wolbach
Wolbach is about 14 miles east of Scotia. The real estate prices there are significantly less expensive. The median home in Wolbach is valued at $49,200, which works out to $20,800 (42%) lower than Scotia. Rents there are a little less expensive. In Wolbach the median monthly rent is $425, which works out to $67 (15%) lower than Scotia.