Cost of Living in Falls City, NE
Population 4,099 · Nebraska · Data vintage 2023
(100 = US avg)
At $45,750, median household incomes in Falls City land roughly 39% below the US median, a gap that tends to persist across local labor-market indicators. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 70 miles north of Topeka, Falls City is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 30% lower than Topeka's $131,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Falls City
The median home value in Falls City is $91,900 — 70% below the national median of $305,000. Median rent runs $713/month, 46% lower than the national median of $1,314/month. The median household income of $45,750/year is 39% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Nebraska's top state income tax rate is 5.8% and the combined sales tax is 6.9%. The climate averages highs of 64.2°F and lows of 42.0°F. Overall, Falls City has a cost of living index of 40 versus the US average of 100, meaning it is 60% less expensive.
Falls City has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 42 | 54 | 65 | 75 | 85 | 88 | 87 | 80 | 67 | 52 | 40 |
| Low °F | 17 | 21 | 31 | 41 | 53 | 63 | 66 | 64 | 55 | 43 | 30 | 21 |
| Precip" | 0.62 | 0.99 | 2.14 | 3.51 | 4.62 | 4.83 | 5.19 | 3.75 | 3.34 | 2.71 | 1.80 | 1.21 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Falls City, NE?
Falls City has a cost index of 40 (100 = national average). It is 60% below the national average.
What is average rent in Falls City, NE?
The median gross rent in Falls City is $713 per month based on 2023 Census data.
What is the average home price in Falls City?
The median home value in Falls City is $91,900 according to 2023 Census ACS data.
What is the median income in Falls City?
The median household income in Falls City is $45,750 per year (2023 ACS 5-year estimates).
What is the sales tax in Falls City, NE?
The combined state and local sales tax rate in Falls City is 6.9%. The Nebraska state income tax top rate is 5.8%.
Is Falls City, NE affordable?
Yes, Falls City is generally considered affordable, with a cost of living index of 40 — about 60% below the US national average of 100.
What is the weather like in Falls City?
Falls City has average high temperatures of 64.2°F and average lows of 42.0°F. Annual precipitation is 34.7". Data from NOAA 1991–2020 Climate Normals.
Falls City at a Glance
- Population
- 4,099
- Median Income
- $45,750
- Home Value
- $91,900
- Median Rent
- $713/mo
- Unemployment
- 6.5%
- Avg High Temp
- 64.2°F
- Sales Tax
- 6.9%
Nearby Cities
Explore county-level cost of living data
Nebraska Rankings
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