Cost of Living in Homer, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.3
100 = national avg
+6.3 vs national average
Living Wage (1 Adult)
$46,773
per year
Living Wage (Family of 4)
$110,555
per year
Cost Index by Category
Housing75.3
Food117.4
Transportation134.7
Healthcare113.9
Utilities105.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$925
per month
2 Bedroom
$1,154
per month
The overall cost of living index in Homer is 106.3, which is 6.3% above the national average. Housing costs are below the national average at an index of 75.3. A single adult needs to earn approximately $46,773 per year to cover basic expenses.