Cost of Living in Ogallala, NE

Population 4,800 · Nebraska · Data vintage 2023

49
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Ogallala sits on the smaller end of the Nebraska city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Located 165 miles east of Greeley, Ogallala is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 63% lower than Greeley's $370,000.

Cost Overview

Housing 44
Rent 56

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

About the Cost of Living in Ogallala

The median home value in Ogallala is $135,500 — 56% below the national median of $305,000. Median rent runs $738/month, 44% lower than the national median of $1,314/month. The median household income of $55,481/year is 26% lower than the US median of $74,580. The local unemployment rate is 2.6%, 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, Ogallala has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$135,500
56% below avg
Zillow Home Value
$199,848
Zillow ZHVI
Median Rent
$738/mo
44% below avg
Price-to-Rent Ratio
15.3x
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 64.3%
Renter-occupied 35.7%

💰 Estimated Monthly Budget

Rent median rent
$738
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,352/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
15.1 min
44% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.9%

Commute Mode

Drove alone
81.0%
Carpooled
7.8%
Public transit
0.5%
Walked
2.5%
Work from home
7.9%

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
$55,481
26% below avg
Per Capita Income
$30,454
Unemployment Rate
2.6%
46% below avg
Poverty Rate
13.6%
Labor Force Participation
59.9%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 8.3%

👥 Demographics

Median Age 46.8
Male median age 44.7
Female median age 47.7

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
12.5:1
Student-teacher ratio
2
Public schools
911
Total enrollment

Frequently Asked Questions

What is the cost of living in Ogallala, NE?

Ogallala has a cost index of 49 (100 = national average). It is 51% below the national average.

What is average rent in Ogallala, NE?

The median gross rent in Ogallala is $738 per month based on 2023 Census data.

What is the average home price in Ogallala?

The median home value in Ogallala is $135,500 according to Zillow and Census data.

What is the median income in Ogallala?

The median household income in Ogallala is $55,481 per year (2023 ACS 5-year estimates).

What is the sales tax in Ogallala, NE?

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

Is Ogallala, NE affordable?

Yes, Ogallala is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.

Ogallala at a Glance

Population
4,800
Median Income
$55,481
Home Value
$135,500
Median Rent
$738/mo
Unemployment
2.6%
Sales Tax
6.9%
View all cities in Nebraska →
🗺️ County data for Nebraska

Explore county-level cost of living data

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