Cost of Living in Richland, NE

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

Cost of Living Overview

Overall Index

70.5

100 = national avg

-29.5 vs national average

Living Wage (1 Adult)

$31,012

per year

Living Wage (Family of 4)

$73,301

per year

Cost Index by Category

Housing
65.8
Food
81.1
Transportation
62.1
Healthcare
84.8
Utilities
81.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$929

per month

2 Bedroom

$1,094

per month

The overall cost of living index in Richland is 70.5, which is 29.5% below the national average. Housing costs are below the national average at an index of 65.8. A single adult needs to earn approximately $31,012 per year to cover basic expenses.