Cost of Living in Nebraska City, NE

Population 7,287 · Nebraska · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Nebraska City offers a notably favorable income-to-housing ratio for its region. The typical home — $148,000 — costs less than 2.2 times median household income of $67,993, a threshold many coastal markets passed a decade ago. The labor market has been unusually tight, with unemployment around 1.3% — below most comparable cities in the state.

Geographically, Nebraska City is about 40 miles south of Omaha, the nearest large metro. Median home values run roughly 36% lower than Omaha's $230,000.

Cost Overview

Housing 48
Rent 69

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

About the Cost of Living in Nebraska City

The median home value in Nebraska City is $147,800 — 52% below the national median of $305,000. Median rent runs $910/month, 31% lower than the national median of $1,314/month. The median household income of $67,993/year is 9% lower than the US median of $74,580. The local unemployment rate is 1.3%, 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, Nebraska City has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$147,800
52% below avg
Zillow Home Value
$1,186,559
Zillow ZHVI
Median Rent
$910/mo
31% below avg
Price-to-Rent Ratio
13.5x
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 73.0%
Renter-occupied 27.1%

💰 Estimated Monthly Budget

Rent median rent
$910
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,524/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
20.5 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.9%

Commute Mode

Drove alone
78.1%
Carpooled
14.2%
Walked
1.9%
Bicycle
0.5%
Work from home
4.9%

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
$67,993
9% below avg
Per Capita Income
$35,106
Unemployment Rate
1.3%
72% below avg
Poverty Rate
12.6%
Labor Force Participation
67.7%

🎓 Education

Bachelor's degree+ 18.9%
Graduate degree 6.6%

👥 Demographics

Median Age 37.7
Male median age 34
Female median age 42.4

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
13.5:1
Student-teacher ratio
4
Public schools
1,442
Total enrollment

Frequently Asked Questions

What is the cost of living in Nebraska City, NE?

Nebraska City has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Nebraska City, NE?

The median gross rent in Nebraska City is $910 per month based on 2023 Census data.

What is the average home price in Nebraska City?

The median home value in Nebraska City is $147,800 according to Zillow and Census data.

What is the median income in Nebraska City?

The median household income in Nebraska City is $67,993 per year (2023 ACS 5-year estimates).

What is the sales tax in Nebraska City, NE?

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

Is Nebraska City, NE affordable?

Yes, Nebraska City is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

Nebraska City at a Glance

Population
7,287
Median Income
$67,993
Home Value
$147,800
Median Rent
$910/mo
Unemployment
1.3%
Sales Tax
6.9%
View all cities in Nebraska →
🗺️ County data for Nebraska

Explore county-level cost of living data

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