Median Income
$60,781
household / year
Median Home Value
$88,600
owner-occupied
Median Rent
$1,042
gross / month
Cost of Living
92
national avg = 100

Is Prague, NE a Good Place to Live?

Prague is a small town of 342 in Nebraska, with a median household income of $60,781 and a 6.0% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Prague stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Prague is right for you depends on your priorities — the full breakdown is below.

All Prague city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.5

Prague's overall cost of living index is 92.5, where 100 represents the US national average. Living in Prague costs roughly 8% less than the average American city.

Metric Prague, NE National Avg
Median Home Value $88,600 $244,900
Median Monthly Rent $1,042 $1,163
Homeownership Rate 90.4% 65.9%
Median Household Income $60,781 $74,755

Crime & Safety

Very Safe

Prague's violent crime rate is 41.7 per 100,000 residents — 89% lower than the national average of ~380 per 100,000.

Violent Crime
41.7 /100k
Property Crime
393.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Prague, NE National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 9.4% 35.4%
High School Diploma or Higher 91.9% 91.1%

Weather & Climate

Prague sees average highs of 32.2°F in January and 85.9°F in July, with 32.8 inches of annual precipitation and 29.3 inches of snow per year.

MetricPrague, NE
Average High — January32.2°F
Average High — July85.9°F
Annual Precipitation32.8"
Annual Snowfall29.3"

Demographics

MetricPrague, NENational Avg
Population342
Median Age39.838.9
Unemployment Rate6.0%3.7%
Avg Commute Time33.5 min26 min
White (non-Hispanic)98.5%59.3%
Black or African American0.0%13.6%
Hispanic or Latino1.2%18.9%
Asian0.0%6.3%
Under 1813.5%22.2%
65 and over18.4%16.8%

Nearby Cities

ZIP Codes in Prague

Prague, NE is covered by 1 ZIP code:

Prague vs Other Cities

Frequently Asked Questions

Prague's cost of living index is 92, where 100 is the national average. That makes Prague roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $88,600 and median rent is $1,042/month.
Prague's violent crime rate is 41.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 393.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Prague, NE has a population of 342, a median household income of $60,781, and an unemployment rate of 6.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Prague averages 32.2°F in January and 85.9°F in July. Annual rainfall is 32.8 inches with about 29.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Prague, NE is covered by 1 ZIP code: 68050.
The population of Prague, Nebraska is 342 with a median age of 39.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Prague: cost of living index 92 (100 = US average), median home $88,600, median household income $60,781, crime index 14 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Prague side by side with your current city to see the trade-offs.