The 10 Most Expensive Places To Live In Nebraska For 2022


We used science and data to determine which cities in Nebraska that will put a big dent in your wallet.

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Editor’s Note: We updated this article for 2022. This is our ninth time ranking the most expensive places to live in Nebraska.

Everyone wants a home that mixes affordability with comfort and Nebraska does this very well. Families love the Cornhusker State's beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you.

These are the places in Nebraska that cost a pretty penny -- the most expensive cities in the state.

After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Nebraska for 2022.

So where is the most expensive place to live in Nebraska? That would be Omaha.
the 2016-2020 American Community Survey for the 32 places in Nebraska with more than 5,000 people.

Here are the 10 most expensive places to live in Nebraska for 2022:

  1. Omaha
  2. Lincoln
  3. Norfolk
  4. Wayne
  5. Ralston
  6. Kearney
  7. Gretna
  8. Blair
  9. La Vista
  10. Chadron

What's the most expensive place to live in Nebraska? Well, HomeSnacks crunched the numbers and discovered that Omaha is the most expensive place to live in Nebraska.

So hopefully Schuyler (the cheapest place to live in Nebraska) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about Nebraska and the most expensive cities in the country:

The 10 Most Expensive Places To Live In Nebraska For 2022

1. Omaha

Omaha, NE

Overall SnackAbility

6
/10

Population: 479,529
Rank Last Year: 2 (Up 1)
Home Price To Income Ratio: 2.7x (7th most expensive)
Income To Rent Ratio: 65.6x (5th most expensive)
More on Omaha: Real Estate | Data | Photos

The median income in Omaha comes in at $62,213 and the median home value is $167,800 for 2022.

2. Lincoln

Lincoln, NE

Overall SnackAbility

8
/10

Population: 286,388
Rank Last Year: 1 (Down 1)
Home Price To Income Ratio: 3.0x (3rd most expensive)
Income To Rent Ratio: 69.0x (13th most expensive)
More on Lincoln: Real Estate | Data | Photos

The median income in Lincoln comes in at $60,063 and the median home value is $180,400 for 2022.

3. Norfolk

Norfolk, NE

Source: Public domain
Overall SnackAbility

7
/10

Population: 24,410
Rank Last Year: 9 (Up 6)
Home Price To Income Ratio: 3.2x (most expensive)
Income To Rent Ratio: 69.6x (14th most expensive)
More on Norfolk: Real Estate | Data | Photos

The median income in Norfolk comes in at $49,280 and the median home value is $155,600 for 2022.

4. Wayne

Wayne, NE

Source: Public domain
Overall SnackAbility

6
/10

Population: 5,603
Rank Last Year: 2 (Down 2)
Home Price To Income Ratio: 2.9x (4th most expensive)
Income To Rent Ratio: 66.7x (8th most expensive)
More on Wayne: Real Estate | Data | Photos

The median income in Wayne comes in at $47,054 and the median home value is $138,000 for 2022.

5. Ralston

Ralston, NE

Overall SnackAbility

8.5
/10

Population: 7,305
Rank Last Year: 12 (Up 7)
Home Price To Income Ratio: 2.5x (14th most expensive)
Income To Rent Ratio: 63.6x (3rd most expensive)
More on Ralston: Real Estate | Data | Photos

The median income in Ralston comes in at $60,106 and the median home value is $151,800 for 2022.

6. Kearney

Kearney, NE

Source: Public domain
Overall SnackAbility

7
/10

Population: 33,783
Rank Last Year: 5 (No Change)
Home Price To Income Ratio: 3.1x (2nd most expensive)
Income To Rent Ratio: 76.6x (25th most expensive)
More on Kearney: Real Estate | Data | Photos

The median income in Kearney comes in at $60,755 and the median home value is $188,800 for 2022.

7. Gretna

Gretna, NE

Overall SnackAbility

6
/10

Population: 5,039
Rank Last Year: 20 (Up 13)
Home Price To Income Ratio: 2.6x (10th most expensive)
Income To Rent Ratio: 72.0x (19th most expensive)
More on Gretna: Real Estate | Data | Photos

The median income in Gretna comes in at $69,592 and the median home value is $181,200 for 2022.

8. Blair

Blair, NE

Source: Public domain
Overall SnackAbility

8
/10

Population: 7,830
Rank Last Year: 7 (Down 1)
Home Price To Income Ratio: 2.8x (5th most expensive)
Income To Rent Ratio: 73.7x (22nd most expensive)
More on Blair: Real Estate | Data | Photos

The median income in Blair comes in at $57,274 and the median home value is $161,300 for 2022.

9. La Vista

La Vista, NE

Overall SnackAbility

9
/10

Population: 17,081
Rank Last Year: 10 (Up 2)
Home Price To Income Ratio: 2.4x (20th most expensive)
Income To Rent Ratio: 67.9x (11th most expensive)
More on La Vista: Real Estate | Data | Photos

The median income in La Vista comes in at $70,184 and the median home value is $169,100 for 2022.

10. Chadron

Chadron, NE

Source: Public domain
Overall SnackAbility

8
/10

Population: 5,482
Rank Last Year: 6 (Down 4)
Home Price To Income Ratio: 2.6x (12th most expensive)
Income To Rent Ratio: 66.0x (7th most expensive)
More on Chadron: Real Estate | Data | Photos

The median income in Chadron comes in at $48,344 and the median home value is $123,700 for 2022.

Methodology: How We Determined The Most Expensive Places To Live In The Cornhusker State For 2022

Map Of The Cheapest Places To Live In Nebraska
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Nebraska to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 32 places in Nebraska that have more than 5,000 people.

The place with the highest cost of living in Nebraska according to the data is Omaha. You can download the data here.

Summary: Taking A Chunk Out Of Your Paycheck In Nebraska For 2022

Well there you have it, the places in Nebraska that have the highest cost of living, with Omaha ranking as the most expensive city in the Cornhusker State.

Here's a look at the most affordable cities in Nebraska according to the data:

  1. Schuyler
  2. Alliance
  3. Nebraska City

For more Nebraska reading, check out:

Detailed List Of The Most Expensive Cities In Nebraska

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Omaha 6.33 479,529 2.7x 65.6x
2 Lincoln 6.67 286,388 3.0x 69.0x
3 Norfolk 8.33 24,410 3.2x 69.6x
4 Wayne 9.33 5,603 2.9x 66.7x
5 Ralston 9.67 7,305 2.5x 63.6x
6 Kearney 9.67 33,783 3.1x 76.6x
7 Gretna 10.67 5,039 2.6x 72.0x
8 Blair 12.0 7,830 2.8x 73.7x
9 La Vista 12.0 17,081 2.4x 67.9x
10 Chadron 14.0 5,482 2.6x 66.0x
11 Fremont 14.0 26,362 2.6x 70.4x
12 Grand Island 14.33 51,250 2.6x 72.5x
13 Beatrice 14.33 12,282 2.7x 67.8x
14 Plattsmouth 15.0 6,453 2.4x 59.6x
15 Columbus 15.33 23,291 2.7x 78.6x
16 Bellevue 16.0 63,970 2.3x 69.9x
17 Seward 16.0 7,210 2.5x 81.9x
18 Scottsbluff 16.33 14,660 2.4x 57.2x
19 Papillion 16.67 24,310 2.5x 94.2x
20 North Platte 17.67 23,734 2.4x 68.0x
21 Hastings 19.0 24,878 2.4x 72.3x
22 Crete 20.0 7,013 2.2x 65.5x
23 Holdrege 20.33 5,406 2.5x 81.4x
24 Mccook 21.0 7,555 2.5x 70.6x
25 South Sioux City 21.33 12,867 2.2x 69.6x
26 Gering 21.33 8,179 2.2x 76.4x
27 York 22.0 7,810 2.4x 77.9x
28 Lexington 22.33 10,069 2.0x 66.8x
29 Sidney 22.67 6,451 2.0x 66.0x
30 Nebraska City 25.67 7,270 2.1x 76.3x
31 Alliance 26.33 8,139 2.2x 85.6x
32 Schuyler 31.67 6,269 1.4x 93.3x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.