Cost of Living in Octavia, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.0
100 = national avg
-15.0 vs national average
Living Wage (1 Adult)
$37,406
per year
Living Wage (Family of 4)
$88,415
per year
Cost Index by Category
Housing59.5
Food100.0
Transportation100.0
Healthcare100.0
Utilities91.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$961
per month
The overall cost of living index in Octavia is 85.0, which is 15.0% below the national average. Housing costs are below the national average at an index of 59.5. A single adult needs to earn approximately $37,406 per year to cover basic expenses.