Beatrice, NE Cost Of Living
Cost Of Living In Beatrice, NE Summary
Cost of living in Beatrice research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Beatrice is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nebraska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Beatrice is 85, with 100 being the average.
The cost of living index in Beatrice is 0.8x lower than the national average.
Beatrice ranks as the #8 cheapest in Nebraska out of 34.
Beatrice ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Beatrice is $121,900.
The median income in Beatrice is $45,858.
Table Of Contents
Beatrice's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Beatrice, NE?
According to the most recent data on the cost of living, Beatrice has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Nebraska, Beatrice has a cost of living index that's 0.9x lower than Nebraska's index of 91.
The standard of living in Beatrice ranks as #8 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Beatrice ranks as the #26 most expensive place in the Cornhusker State.
For more reading on life in Beatrice, check out:
- Living In Beatrice
- Beatrice Crime Report
- Search Homes For Sale In Beatrice, NE
In Nebraska
In America
Beatrice Cost Of Living Vs. Nebraska
Six factors go into calculating the cost of living index in Beatrice. Here is how it fairs on each of the criteria:
The Services index in Beatrice is 99.
The Groceries index in Beatrice is 98.
The Health index in Beatrice is 106.
The Housing index in Beatrice is 55.
The Transportation index in Beatrice is 103.
The Utilities index in Beatrice is 89.
| Living Expense | Beatrice | Nebraska | National Average | |
|---|---|---|---|---|
| Overall | 85 | 91 | 100 | |
| Services | 99 | 95 | 100 | |
| Groceries | 98 | 96 | 100 | |
| Health | 106 | 99 | 100 | |
| Housing | 55 | 80 | 100 | |
| Transportation | 103 | 99 | 100 | |
| Utilities | 89 | 86 | 100 | |
Beatrice, NE Housing Cost Breakdown
Housing swings affordability the most between places in Nebraska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Beatrice is $121,900.
The Median Rent in Beatrice is $624.
The Median Income in Beatrice is $45,858.
The Home Value To Income in Beatrice is 2.7x.
The Rent To Monthly Income in Beatrice is 0.16x.
| Statistic | Beatrice | Nebraska | United States |
|---|---|---|---|
| Median Home Value | $121,900 | $174,100 | $244,900 |
| Median Rent | $624 | $909 | $1,163 |
| Median Income | $45,858 | $66,644 | $69,021 |
| Home Value To Income | 2.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Beatrice, NE Costs By Category
Detailed Beatrice Services Costs Vs. Nebraska
Detailed Beatrice Groceries Costs Vs. Nebraska
Detailed Beatrice Health Costs Vs. Nebraska
Detailed Beatrice Transportation Costs Vs. Nebraska
Detailed Beatrice Utilities Costs Vs. Nebraska
Beatrice SnackAbility
/10
Cost Of Living In Cities Around Beatrice
The cost of living varies in the cities and towns around Beatrice. Here's a quick look at the cost of living in the most populous nearby places:
Lincoln, NE has a cost of living index of 95, 1.1x Beatrice.
Seward, NE has a cost of living index of 93, 1.1x Beatrice.
| City | Population | Cost Of Living | Vs. Beatrice |
|---|---|---|---|
| Lincoln, NE | 289,136 | 95 | 1.1x |
| Seward, NE | 7,651 | 93 | 1.1x |
