Cost of Living in Alvo, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
119.5
100 = national avg
+19.5 vs national average
Living Wage (1 Adult)
$52,590
per year
Living Wage (Family of 4)
$124,304
per year
Cost Index by Category
Housing108.7
Food118.3
Transportation136.6
Healthcare114.6
Utilities112.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,148
per month
2 Bedroom
$1,368
per month
The overall cost of living index in Alvo is 119.5, which is 19.5% above the national average. Housing costs are above the national average at an index of 108.7. A single adult needs to earn approximately $52,590 per year to cover basic expenses.