Cost of Living in Fairbury, NE

Population 3,905 · Nebraska · Data vintage 2023

38
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fairbury is a smaller Nebraska community of around 4000 residents, where median household incomes of $51,782 and housing costs ($91,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.2% points to a labor market well on the tight side of the national distribution.

Located 55 miles southwest of Lincoln, Fairbury is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 63% lower than Lincoln's $248,000.

Cost Overview

Housing 30
Rent 51

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

About the Cost of Living in Fairbury

The median home value in Fairbury is $90,800 — 70% below the national median of $305,000. Median rent runs $666/month, 49% lower than the national median of $1,314/month. The median household income of $51,782/year is 31% lower than the US median of $74,580. The local unemployment rate is 1.2%, 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, Fairbury has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.

🏠 Housing

Median Home Value
$90,800
70% below avg
Zillow Home Value
$273,082
Zillow ZHVI
Median Rent
$666/mo
49% below avg
Price-to-Rent Ratio
11.4x
Favors buying
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 63.3%
Renter-occupied 36.7%

💰 Estimated Monthly Budget

Rent median rent
$666
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,280/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
15.9 min
41% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.0%

Commute Mode

Drove alone
69.9%
Carpooled
21.4%
Walked
1.1%
Work from home
5.0%

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
$51,782
31% below avg
Per Capita Income
$27,702
Unemployment Rate
1.2%
76% below avg
Poverty Rate
15.1%
Labor Force Participation
53.7%

🎓 Education

Bachelor's degree+ 12.4%
Graduate degree 4.7%

👥 Demographics

Median Age 42.7
Male median age 40.3
Female median age 44.3

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
12.6:1
Student-teacher ratio
3
Public schools
919
Total enrollment

Frequently Asked Questions

What is the cost of living in Fairbury, NE?

Fairbury has a cost index of 38 (100 = national average). It is 62% below the national average.

What is average rent in Fairbury, NE?

The median gross rent in Fairbury is $666 per month based on 2023 Census data.

What is the average home price in Fairbury?

The median home value in Fairbury is $90,800 according to Zillow and Census data.

What is the median income in Fairbury?

The median household income in Fairbury is $51,782 per year (2023 ACS 5-year estimates).

What is the sales tax in Fairbury, NE?

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

Is Fairbury, NE affordable?

Yes, Fairbury is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.

Fairbury at a Glance

Population
3,905
Median Income
$51,782
Home Value
$90,800
Median Rent
$666/mo
Unemployment
1.2%
Sales Tax
6.9%
View all cities in Nebraska →
🗺️ County data for Nebraska

Explore county-level cost of living data

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