Cost of Living in Nelson, NE

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

Cost of Living Overview

Overall Index

75.7

100 = national avg

-24.3 vs national average

Living Wage (1 Adult)

$33,325

per year

Living Wage (Family of 4)

$78,768

per year

Cost Index by Category

Housing
54.7
Food
91.6
Transportation
83.2
Healthcare
93.3
Utilities
85.9

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 Nelson is 75.7, which is 24.3% below the national average. Housing costs are below the national average at an index of 54.7. A single adult needs to earn approximately $33,325 per year to cover basic expenses.