Cost of living in Beatrice research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Beatrice is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nebraska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Beatrice is 89, with 100 being the average.
The cost of living index in Beatrice is 0.9x lower than the national average.
Beatrice ranks as the #14 cheapest in Nebraska out of 34.
Beatrice ranks as the #1,060 cheapest out of 6,489 in the US.
The median home value in Beatrice is $184,105.
The median income in Beatrice is $54,583.
According to the most recent data on the cost of living, Beatrice has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Nebraska, Beatrice has a cost of living index that's 1.0x lower than Nebraska's index of 89.
The standard of living in Beatrice ranks as #14 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Beatrice ranks as the #20 most expensive place in the Cornhusker State.
For more reading on life in Beatrice, check out:
Six factors go into calculating the cost of living index in Beatrice. Here is how it fairs on each of the criteria:
The Services index in Beatrice is 104.
The Groceries index in Beatrice is 98.
The Health index in Beatrice is 107.
The Housing index in Beatrice is 62.
The Transportation index in Beatrice is 106.
The Utilities index in Beatrice is 82.
| Living Expense | Beatrice | Nebraska | National Average | |
|---|---|---|---|---|
| Overall | 89 | 89 | 100 | |
| Services | 104 | 94 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 107 | 99 | 100 | |
| Housing | 62 | 77 | 100 | |
| Transportation | 106 | 100 | 100 | |
| Utilities | 82 | 86 | 100 | |
Housing swings affordability the most between places in Nebraska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Beatrice is $184,105.
The Median Rent in Beatrice is $753.
The Median Income in Beatrice is $54,583.
The Home Value To Income in Beatrice is 3.4x.
The Rent To Monthly Income in Beatrice is 0.17x.
The cost of living varies in the cities and towns around Beatrice. Here's a quick look at the cost of living in the most populous nearby places:
Lincoln, NE has a cost of living index of 99, 1.1x Beatrice.
Seward, NE has a cost of living index of 98, 1.1x Beatrice.
| City | Population | Cost Of Living | Vs. Beatrice |
|---|---|---|---|
| Lincoln, NE | 291,932 | 99 | 1.1x |
| Seward, NE | 7,665 | 98 | 1.1x |