According to the most recent data on the cost of living, Gering has an overall cost of living index of 91 which is 0.9x lower than the national index of 100.
Compared to only Nebraska, Gering has a cost of living index that's 1.0x higher than Nebraska's index of 89.
The standard of living in Gering ranks as #1887 most affordable out of the 6522 places we measured in Nebraska. By definition, that implies Gering ranks as the #4520 most expensive place in the Cornhusker State.
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Housing swings affordability the most between places in Nebraska, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.