Cost of Living in Crete, NE

Population 7,521 · Nebraska · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Crete stay well under national norms: a median home value of $204,000 against median household incomes of $76,258 gives the city one of the more comfortable price-to-income ratios in Nebraska.

Geographically, Crete sits roughly 20 miles southwest of Lincoln. Median home values run roughly 18% lower than Lincoln's $248,000.

Cost Overview

Housing 67
Rent 64

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Crete

The median home value in Crete is $203,900 — 33% below the national median of $305,000. Median rent runs $846/month, 36% lower than the national median of $1,314/month. The median household income of $76,258/year is 2% higher than the US median of $74,580. The local unemployment rate is 3.8%, below the national average of 4.8%. Nebraska's top state income tax rate is 5.8% and the combined sales tax is 6.9%. Overall, Crete has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$203,900
33% below avg
Zillow Home Value
$244,263
Zillow ZHVI
Median Rent
$846/mo
36% below avg
Price-to-Rent Ratio
20.1x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$622
1 BR
$703
2 BR
$907
3 BR
$1,155
4 BR
$1,220
Owner-occupied 65.6%
Renter-occupied 34.4%

💰 Estimated Monthly Budget

Rent median rent
$846
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,460/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.2 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.1%

Commute Mode

Drove alone
76.5%
Carpooled
13.9%
Public transit
0.0%
Walked
3.6%
Bicycle
0.1%
Work from home
4.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.9%
State rate 5.5%
Avg local rate 1.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$76,258
2% above avg
Per Capita Income
$28,750
Unemployment Rate
3.8%
21% below avg
Poverty Rate
12.3%
Labor Force Participation
68.2%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 4.5%

👥 Demographics

Median Age 33.2
Male median age 33.5
Female median age 31.4

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
15.2:1
Student-teacher ratio
6
Public schools
2,130
Total enrollment

Frequently Asked Questions

What is the cost of living in Crete, NE?

Crete has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in Crete, NE?

The median gross rent in Crete is $846 per month based on 2023 Census data.

What is the average home price in Crete?

The median home value in Crete is $203,900 according to Zillow and Census data.

What is the median income in Crete?

The median household income in Crete is $76,258 per year (2023 ACS 5-year estimates).

What is the sales tax in Crete, NE?

The combined state and local sales tax rate in Crete is 6.9%. The Nebraska state income tax top rate is 5.8%.

Is Crete, NE affordable?

Yes, Crete is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

Crete at a Glance

Population
7,521
Median Income
$76,258
Home Value
$203,900
Median Rent
$846/mo
Unemployment
3.8%
Sales Tax
6.9%
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🗺️ County data for Nebraska

Explore county-level cost of living data

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