Cost of Living in Bancroft, NE

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

Cost of Living Overview

Overall Index

78.2

100 = national avg

-21.8 vs national average

Living Wage (1 Adult)

$34,429

per year

Living Wage (Family of 4)

$81,378

per year

Cost Index by Category

Housing
75.9
Food
85.6
Transportation
71.2
Healthcare
88.5
Utilities
86.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$826

per month

2 Bedroom

$961

per month

The overall cost of living index in Bancroft is 78.2, which is 21.8% below the national average. Housing costs are below the national average at an index of 75.9. A single adult needs to earn approximately $34,429 per year to cover basic expenses.