Cost of Living in Ericson, NE

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

Cost of Living Overview

Overall Index

74.9

100 = national avg

-25.1 vs national average

Living Wage (1 Adult)

$32,975

per year

Living Wage (Family of 4)

$77,941

per year

Cost Index by Category

Housing
54.5
Food
90.8
Transportation
81.5
Healthcare
92.6
Utilities
85.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$732

per month

2 Bedroom

$961

per month

The overall cost of living index in Ericson is 74.9, which is 25.1% below the national average. Housing costs are below the national average at an index of 54.5. A single adult needs to earn approximately $32,975 per year to cover basic expenses.