Cost of Living in Malcolm, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
118.0
100 = national avg
+18.0 vs national average
Living Wage (1 Adult)
$51,919
per year
Living Wage (Family of 4)
$122,719
per year
Cost Index by Category
Housing113.2
Food114.7
Transportation129.5
Healthcare111.8
Utilities111.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$926
per month
2 Bedroom
$1,141
per month
The overall cost of living index in Malcolm is 118.0, which is 18.0% above the national average. Housing costs are above the national average at an index of 113.2. A single adult needs to earn approximately $51,919 per year to cover basic expenses.