Cost of Living in Elgin, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.8
100 = national avg
-21.2 vs national average
Living Wage (1 Adult)
$34,673
per year
Living Wage (Family of 4)
$81,953
per year
Cost Index by Category
Housing64.3
Food91.0
Transportation82.0
Healthcare92.8
Utilities87.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$961
per month
The overall cost of living index in Elgin is 78.8, which is 21.2% below the national average. Housing costs are below the national average at an index of 64.3. A single adult needs to earn approximately $34,673 per year to cover basic expenses.