Cost of Living in Shelby, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.2
100 = national avg
-7.8 vs national average
Living Wage (1 Adult)
$40,551
per year
Living Wage (Family of 4)
$95,849
per year
Cost Index by Category
Housing59.7
Food107.9
Transportation115.9
Healthcare106.3
Utilities96.7
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 Shelby is 92.2, which is 7.8% below the national average. Housing costs are below the national average at an index of 59.7. A single adult needs to earn approximately $40,551 per year to cover basic expenses.