Cost of Living in Alma, NE

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

99.2

100 = national avg

-0.8 vs national average

Living Wage (1 Adult)

$43,636

per year

Living Wage (Family of 4)

$103,138

per year

Cost Index by Category

Housing
92.4
Food
102.2
Transportation
104.5
Healthcare
101.8
Utilities
99.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$752

per month

2 Bedroom

$961

per month

The overall cost of living index in Alma is 99.2, which is 0.8% below the national average. Housing costs are below the national average at an index of 92.4. A single adult needs to earn approximately $43,636 per year to cover basic expenses.