Cost of Living in Cambridge, NE

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

Cost of Living Overview

Overall Index

85.9

100 = national avg

-14.1 vs national average

Living Wage (1 Adult)

$37,785

per year

Living Wage (Family of 4)

$89,311

per year

Cost Index by Category

Housing
71.7
Food
95.9
Transportation
91.8
Healthcare
96.7
Utilities
91.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$859

per month

2 Bedroom

$961

per month

The overall cost of living index in Cambridge is 85.9, which is 14.1% below the national average. Housing costs are below the national average at an index of 71.7. A single adult needs to earn approximately $37,785 per year to cover basic expenses.