North Platte, NE Cost Of Living
Cost Of Living In North Platte, NE Summary
Cost of living in North Platte 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 North Platte 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 North Platte is 85, with 100 being the average.
The cost of living index in North Platte is 0.8x lower than the national average.
North Platte ranks as the #8 cheapest in Nebraska out of 34.
North Platte ranks as the #777 cheapest out of 6,412 in the US.
The median home value in North Platte is $133,400.
The median income in North Platte is $54,489.
Table Of Contents
North Platte's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in North Platte, NE?
According to the most recent data on the cost of living, North Platte has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Nebraska, North Platte has a cost of living index that's 0.9x lower than Nebraska's index of 91.
The standard of living in North Platte ranks as #8 most affordable out of the 34 places we measured in Nebraska. By definition, that implies North Platte ranks as the #26 most expensive place in the Cornhusker State.
For more reading on life in North Platte, check out:
- Living In North Platte
- North Platte Crime Report
- Search Homes For Sale In North Platte, NE
In Nebraska
In America
North Platte Cost Of Living Vs. Nebraska
Six factors go into calculating the cost of living index in North Platte. Here is how it fairs on each of the criteria:
The Services index in North Platte is 95.
The Groceries index in North Platte is 102.
The Health index in North Platte is 97.
The Housing index in North Platte is 58.
The Transportation index in North Platte is 92.
The Utilities index in North Platte is 82.
| Living Expense | North Platte | Nebraska | National Average | |
|---|---|---|---|---|
| Overall | 85 | 91 | 100 | |
| Services | 95 | 95 | 100 | |
| Groceries | 102 | 96 | 100 | |
| Health | 97 | 99 | 100 | |
| Housing | 58 | 80 | 100 | |
| Transportation | 92 | 99 | 100 | |
| Utilities | 82 | 86 | 100 | |
North Platte, 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 North Platte is $133,400.
The Median Rent in North Platte is $828.
The Median Income in North Platte is $54,489.
The Home Value To Income in North Platte is 2.4x.
The Rent To Monthly Income in North Platte is 0.18x.
| Statistic | North Platte | Nebraska | United States |
|---|---|---|---|
| Median Home Value | $133,400 | $174,100 | $244,900 |
| Median Rent | $828 | $909 | $1,163 |
| Median Income | $54,489 | $66,644 | $69,021 |
| Home Value To Income | 2.4x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
North Platte, NE Costs By Category
Detailed North Platte Services Costs Vs. Nebraska
| Item | North Platte | Nebraska |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $8.5 | $10.68 |
| Bowling | $10.0 | $14.67 |
| Haircut | $12.0 | $18.62 |
| Beauty Salon | $25.0 | $39.05 |
Detailed North Platte Groceries Costs Vs. Nebraska
| Item | North Platte | Nebraska |
|---|---|---|
| Ground Beef | $3.32 | $4.22 |
| Fried Chicken | $1.78 | $1.39 |
| Milk | $1.92 | $2.05 |
| Potatoes | $3.33 | $3.29 |
| Pizza | $10.69 | $10.62 |
| Beer | $8.6 | $9.38 |
| Toothpaste | $3.05 | $2.34 |
Detailed North Platte Health Costs Vs. Nebraska
| Item | North Platte | Nebraska |
|---|---|---|
| Optometrist | $110.0 | $108.57 |
| Doctor | $126.0 | $116.17 |
| Dentist | $75.0 | $99.13 |
Detailed North Platte Transportation Costs Vs. Nebraska
| Item | North Platte | Nebraska |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $45.82 | $50.07 |
Detailed North Platte Utilities Costs Vs. Nebraska
| Item | North Platte | Nebraska |
|---|---|---|
| All Electricity | $109.11 | $167.67 |
| Phone | $192.32 | $175.64 |
North Platte SnackAbility
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