Cost of Living in Herman, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.2
100 = national avg
-10.8 vs national average
Living Wage (1 Adult)
$39,238
per year
Living Wage (Family of 4)
$92,745
per year
Cost Index by Category
Housing47.9
Food109.5
Transportation119.0
Healthcare107.6
Utilities95.3
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 Herman is 89.2, which is 10.8% below the national average. Housing costs are below the national average at an index of 47.9. A single adult needs to earn approximately $39,238 per year to cover basic expenses.