Cost of Living in Wakefield, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.7
100 = national avg
-13.3 vs national average
Living Wage (1 Adult)
$38,143
per year
Living Wage (Family of 4)
$90,157
per year
Cost Index by Category
Housing78.6
Food93.9
Transportation87.9
Healthcare95.2
Utilities92.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$862
per month
2 Bedroom
$961
per month
The overall cost of living index in Wakefield is 86.7, which is 13.3% below the national average. Housing costs are below the national average at an index of 78.6. A single adult needs to earn approximately $38,143 per year to cover basic expenses.