Nebraska's cost of living index is 91 — 9.0% below the US average of 100. Compare purchasing power and equivalent salaries across states.
CoL Index
91
US avg = 100
vs. National Avg
-9.0%
Less expensive
Median Income
$63,488
Nebraska median household
Equiv. at US Avg
$69,767
Same purchasing power
| CoL Index | 91 | MIT/MERIC composite index (US avg = 100) |
| vs. National | 9.0% | Below average cost |
| Median Household Income | $63,488 | Nebraska median (2023 ACS) |
| National Purchasing Power | $69,767 | Equivalent $ at US avg CoL |
| Overall Category | Low | Qualitative classification |
| Population | 1,961,504 | 2020 US Census |
With a cost of living index of 91, Nebraska is 9% below the national average. Lower costs in Nebraska mean your dollar goes further. A salary of $63,488 in Nebraska provides the equivalent purchasing power of $69,767 in a state at the national average.
Housing is typically the largest driver of cost of living differences between states.Nebraska's median home price of $240,000 is well below the national median of approximately $310,000. Other factors include state income tax (5.84% top rate in Nebraska), sales tax (5.50% state rate), and local property tax rates (1.73%).
