Cost of Living in Gering, NE
Population 8,567 · Nebraska · Data vintage 2023
(100 = US avg)
Gering offers a notably favorable income-to-housing ratio for its region. The typical home — $171,000 — costs less than 2.4 times median household income of $70,244, a threshold many coastal markets passed a decade ago. The labor market has been unusually tight, with unemployment around 0.7% — below most comparable cities in the state.
Geographically, Gering lies roughly 115 miles northeast of the nearest major metro, Greeley. Median home values run roughly 54% lower than Greeley's $370,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Gering
The median home value in Gering is $170,700 — 44% below the national median of $305,000. Median rent runs $818/month, 38% lower than the national median of $1,314/month. The median household income of $70,244/year is 6% lower than the US median of $74,580. The local unemployment rate is 0.7%, 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, Gering has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
Gering 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Gering, NE?
Gering has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Gering, NE?
The median gross rent in Gering is $818 per month based on 2023 Census data.
What is the average home price in Gering?
The median home value in Gering is $170,700 according to Zillow and Census data.
What is the median income in Gering?
The median household income in Gering is $70,244 per year (2023 ACS 5-year estimates).
What is the sales tax in Gering, NE?
The combined state and local sales tax rate in Gering is 6.9%. The Nebraska state income tax top rate is 5.8%.
Is Gering, NE affordable?
Yes, Gering is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
Gering at a Glance
- Population
- 8,567
- Median Income
- $70,244
- Home Value
- $170,700
- Median Rent
- $818/mo
- Unemployment
- 0.7%
- Sales Tax
- 6.9%
Nearby Cities
Explore county-level cost of living data
Nebraska Rankings
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