Cost of Living in Red Cloud, NE

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

Cost of Living Overview

Overall Index

71.3

100 = national avg

-28.7 vs national average

Living Wage (1 Adult)

$31,383

per year

Living Wage (Family of 4)

$74,179

per year

Cost Index by Category

Housing
49.9
Food
88.6
Transportation
77.3
Healthcare
90.9
Utilities
83.1

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 Red Cloud is 71.3, which is 28.7% below the national average. Housing costs are below the national average at an index of 49.9. A single adult needs to earn approximately $31,383 per year to cover basic expenses.