These Are The 10 Cheapest Places To Live In Nebraska For 2019


We used data and science to determine which places in Nebraska go easy on your wallet.

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Editor’s Note: We updated this article for 2019. This is our fourth time ranking the cheapest places to live in Nebraska.

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A wise sage once said:

“She works hard for the money…”

And these places in Nebraska definitely treat her right.

You see, these are the cities and places in Nebraska where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Cornhusker State, then the cost of living should play a role in the decision.

So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 32 largest places in Nebraska, we were left with this set of the best value for your money.

So where is the cheapest place to live in Nebraska? That would be Holdrege.

Here are the 10 cheapest places to live in Nebraska for 2019:

  1. Holdrege (Photos | Homes For Sale)
  2. Alliance (Photos | Homes For Sale)
  3. McCook (Photos | Homes For Sale)
  4. Schuyler (Photos | Homes For Sale)
  5. Beatrice (Photos | Homes For Sale)
  6. Sidney (Photos | Homes For Sale)
  7. Hastings (Photos | Homes For Sale)
  8. North Platte (Photos | Homes For Sale)
  9. South Sioux City (Photos | Homes For Sale)
  10. Crete (Photos | Homes For Sale)

So listen up Omaha (the most expensive place in Nebraska) as we explain how we created this ranking. You could learn some things from the rest of the state.

And if you already knew these places were cheap, check out some more reading about Nebraska and the cheapest places in the country:

How We Determined The Most Affordable Places To Live In The Cornhusker State For 2019

Map Of The Cheapest Places To Live In Nebraska
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2013-2017 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Nebraska to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 32 places in Nebraska that have more than 5,000 people.

The place with the lowest cost of living in Nebraska according to the data is Holdrege.

The 10 Cheapest Places To Live In Nebraska For 2019

Holdrege, NE

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 5,497
Rank Last Year: 4 (Up 2)
Home Price To Income Ratio: 2.3x (12th most affordable)
Income To Rent Ratio: 90.7x (4th cheapest)
More on Holdrege: Real Estate | Data | Photos

Holdrege is a city in Phelps County, Nebraska, United States. The population was 5,495 at the 2010 census. It is the county seat of Phelps County. The Nebraska Prairie Museum is located in Holdrege.

The median income in Holdrege comes in at $48,900 and the median home value is $111,100 for 2019.

Alliance, NE

Source: Public domain
Overall SnackAbility

6
/10

Population: 8,392
Rank Last Year: 3 (Up 1)
Home Price To Income Ratio: 1.8x (3rd most affordable)
Income To Rent Ratio: 94.9x (1st cheapest)
More on Alliance: Real Estate | Data | Photos

Alliance is a city in Box Butte County, in the northwestern part of the state of Nebraska, in the Great Plains region of the United States. Its population was 8,491 at the 2010 census. It is the county seat of Box Butte County.

The median income in Alliance comes in at $54,291 and the median home value is $98,800 for 2019.

Mccook, NE

Source: Public domain
Overall SnackAbility

7
/10

Population: 7,622
Rank Last Year: 1 (Down 1)
Home Price To Income Ratio: 2.2x (6th most affordable)
Income To Rent Ratio: 67.7x (22nd cheapest)
More on Mccook: Real Estate | Data | Photos

McCook is a city and county seat of Red Willow County, Nebraska, United States. The population was 7,698 at the 2010 census.

The median income in Mccook comes in at $40,372 and the median home value is $88,000 for 2019.

Schuyler, NE

Source: Public domain
Overall SnackAbility

5
/10

Population: 6,229
Rank Last Year: 2 (Down 2)
Home Price To Income Ratio: 1.8x (1st most affordable)
Income To Rent Ratio: 90.2x (5th cheapest)
More on Schuyler: Real Estate | Data | Photos

Schuyler is a city in Colfax County, Nebraska, United States. The population was 6,211 at the 2010 census. It is the county seat of Colfax County. The city (as well as the county) is named after former Vice President of the United States, Schuyler Colfax.

The median income in Schuyler comes in at $53,756 and the median home value is $95,100 for 2019.

Beatrice, NE

Source: Public domain
Overall SnackAbility

7
/10

Population: 12,309
Rank Last Year: 15 (Up 10)
Home Price To Income Ratio: 2.2x (9th most affordable)
Income To Rent Ratio: 68.6x (19th cheapest)
More on Beatrice: Real Estate | Data | Photos

Beatrice (/biætrs/ bee-AT-riss) is a city in and the county seat of Gage County, Nebraska. Its population was 12,459 at the 2010 census. It is located 40 miles (64 km) south of Lincoln on the Big Blue River. It is surrounded by agricultural country.

The median income in Beatrice comes in at $44,134 and the median home value is $98,800 for 2019.

Sidney, NE

Overall SnackAbility

7
/10

Population: 6,830
Rank Last Year: 7 (Up 1)
Home Price To Income Ratio: 2.0x (4th most affordable)
Income To Rent Ratio: 90.8x (3rd cheapest)
More on Sidney: Real Estate | Data | Photos

Sidney is a city and county seat of Cheyenne County, Nebraska, United States. The population was 6,757 at the 2010 census.

The median income in Sidney comes in at $61,667 and the median home value is $125,900 for 2019.

Hastings, NE

Source: Public domain
Overall SnackAbility

7
/10

Population: 24,948
Rank Last Year: 5 (Down 2)
Home Price To Income Ratio: 2.3x (14th most affordable)
Income To Rent Ratio: 72.6x (13th cheapest)
More on Hastings: Real Estate | Data | Photos

Hastings is a city and county seat of Adams County, Nebraska, United States. The population was 24,907 at the 2010 census. It is known as the town where Kool-Aid was invented by Edwin Perkins in 1927, and celebrates that event with the Kool-Aid Days festival every August. Hastings is also known for Fisher Fountain, and during World War II operated the largest Naval Ammunition Depot in the United States.

The median income in Hastings comes in at $47,700 and the median home value is $108,900 for 2019.

North Platte, NE

Source: Public domain
Overall SnackAbility

7
/10

Population: 24,135
Rank Last Year: 6 (Down 2)
Home Price To Income Ratio: 2.3x (15th most affordable)
Income To Rent Ratio: 74.0x (10th cheapest)
More on North Platte: Real Estate | Data | Photos

North Platte is a city in and the county seat of Lincoln County, Nebraska, United States. It is located in the southwestern part of the state, along Interstate 80, at the confluence of the North and South Platte Rivers forming the Platte River. The population was 24,733 at the 2010 census.

The median income in North Platte comes in at $50,422 and the median home value is $115,300 for 2019.

South Sioux City, NE

Source: Public domain
Overall SnackAbility

5
/10

Population: 13,145
Rank Last Year: 11 (Up 2)
Home Price To Income Ratio: 2.3x (16th most affordable)
Income To Rent Ratio: 71.2x (15th cheapest)
More on South Sioux City: Real Estate | Data | Photos

South Sioux City is a city in Dakota County, Nebraska, United States. It is located immediately across the Missouri River from Sioux City, Iowa, and is part of the Sioux City, IA-NE-SD Metropolitan Statistical Area. As of the 2010 census, the city population was 13,353, making it the 14th largest city in Nebraska.

The median income in South Sioux City comes in at $48,859 and the median home value is $112,000 for 2019.

Crete, NE

Source: Public domain
Overall SnackAbility

6
/10

Population: 7,079
Rank Last Year: 19 (Up 9)
Home Price To Income Ratio: 2.1x (5th most affordable)
Income To Rent Ratio: 58.9x (31st cheapest)
More on Crete: Real Estate | Data | Photos

Crete is a city in Saline County, Nebraska, United States. The population was 6,960 at the 2010 census.

The median income in Crete comes in at $44,051 and the median home value is $94,100 for 2019.

There You Have It Mr. Or Mrs. Nebraska Cheapskate

If you’re looking at the cost of living numbers in Nebraska, this is an accurate list of the most affordable places to live in nebraska for 2019.

Here’s a look at the most expensive cities in Nebraska according to the data:

  1. Omaha
  2. Ralston
  3. Lincoln

For more Nebraska reading, check out:

Detailed List Of The Cheapest Places To Live In Nebraska

Rank City CheapScore Population Home/Income Ratio Income/Rent Ratio
1 Holdrege 9.67 5,497 2.3x 90.7x
2 Alliance 9.67 8,392 1.8x 94.9x
3 Mccook 9.67 7,622 2.2x 67.7x
4 Schuyler 10.0 6,229 1.8x 90.2x
5 Beatrice 11.67 12,309 2.2x 68.6x
6 Sidney 12.0 6,830 2.0x 90.8x
7 Hastings 12.33 24,948 2.3x 72.6x
8 North Platte 13.67 24,135 2.3x 74.0x
9 South Sioux City 14.33 13,145 2.3x 71.2x
10 Crete 14.67 7,079 2.1x 58.9x
11 Gering 14.67 8,377 2.2x 73.4x
12 Nebraska City 15.0 7,288 2.4x 69.7x
13 Lexington 15.33 10,097 1.8x 66.5x
14 York 15.67 7,890 2.4x 83.2x
15 Papillion 15.67 19,478 2.3x 89.6x
16 Columbus 16.67 22,834 2.4x 80.0x
17 Norfolk 16.67 24,352 2.7x 72.3x
18 Seward 16.67 7,124 2.4x 91.0x
19 Gretna 17.33 5,045 2.3x 84.9x
20 Chadron 17.67 5,704 2.6x 68.4x
21 Grand Island 18.0 51,042 2.5x 73.0x
22 Bellevue 18.33 53,040 2.3x 69.7x
23 Fremont 18.33 26,356 2.4x 68.4x
24 Scottsbluff 18.67 14,887 2.4x 57.0x
25 Wayne 19.67 5,557 2.8x 65.1x
26 Plattsmouth 20.0 6,435 2.3x 63.0x
27 Kearney 20.33 33,082 3.2x 69.0x
28 Blair 20.33 8,011 3.2x 64.7x
29 La Vista 20.67 17,062 2.2x 67.1x
30 Lincoln 23.67 277,315 2.9x 67.4x
31 Ralston 25.0 7,348 2.5x 64.2x
32 Omaha 26.0 463,081 2.7x 62.5x

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