Cost of Living in Bayard, NE

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

Cost of Living Overview

Overall Index

82.6

100 = national avg

-17.4 vs national average

Living Wage (1 Adult)

$36,339

per year

Living Wage (Family of 4)

$85,893

per year

Cost Index by Category

Housing
59.6
Food
97.2
Transportation
94.5
Healthcare
97.8
Utilities
90.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$789

per month

2 Bedroom

$961

per month

The overall cost of living index in Bayard is 82.6, which is 17.4% below the national average. Housing costs are below the national average at an index of 59.6. A single adult needs to earn approximately $36,339 per year to cover basic expenses.