Cost of Living in Elmwood, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.6
100 = national avg
+9.6 vs national average
Living Wage (1 Adult)
$48,228
per year
Living Wage (Family of 4)
$113,992
per year
Cost Index by Category
Housing96.9
Food112.1
Transportation124.2
Healthcare109.7
Utilities106.6
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 Elmwood is 109.6, which is 9.6% above the national average. Housing costs are below the national average at an index of 96.9. A single adult needs to earn approximately $48,228 per year to cover basic expenses.