What is the cost of living in Gering, NE?
According to the most recent data on the cost of living, Gering has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Nebraska, Gering has a cost of living index that's 1.1x higher than Nebraska's index of 89.
The standard of living in Gering ranks as #21 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Gering ranks as the #13 most expensive place in the Cornhusker State.
For more reading on life in Gering, check out:
Gering Cost Of Living Vs. Nebraska
Six factors go into calculating the cost of living index in Gering. Here is how it fares on each of the criteria:
The Services index in Gering is 102.
The Groceries index in Gering is 98.
The Health index in Gering is 78.
The Housing index in Gering is 99.
The Transportation index in Gering is 103.
The Utilities index in Gering is 101.
| Living Expense | Gering | Nebraska | National Average |
|---|---|---|---|
| Overall | 94 | 89 | 100 |
| Services | 102 | 98 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 78 | 77 | 100 |
| Housing | 99 | 99 | 100 |
| Transportation | 103 | 98 | 100 |
| Utilities | 101 | 96 | 100 |
Gering Cost Of Living Compared To Nebraska Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Nebraska, check out:
Protect your home budget Compare home warranties in Gering Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Gering, NE Housing Cost Breakdown
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 2020-2024. The key points are:
The Median Home Value in Gering is $209,550.
The Median Rent in Gering is $823.
The Median Income in Gering is $75,093.
The Home Value To Income in Gering is 2.8x.
The Rent To Monthly Income in Gering is 0.13x.
Gering, NE Costs By Category
Detailed Gering Services costs vs. Nebraska
Detailed Gering Groceries costs vs. Nebraska
Detailed Gering Health costs vs. Nebraska
Detailed Gering Transportation costs vs. Nebraska
Gering SnackAbility
Cost Of Living In Cities Around Gering
The cost of living varies in the cities and towns around Gering. Here's a quick look at the cost of living in the most populous nearby places:
Scottsbluff, NE has a cost of living index of 93, 1.0x Gering.
Alliance, NE has a cost of living index of 92, 1.0x Gering.
Torrington, WY has a cost of living index of 93, 1.0x Gering.
| City | Population | Cost Of Living | Vs. Gering |
|---|---|---|---|
| Scottsbluff, NE | 14,376 | 93 | 1.0x |
| Alliance, NE | 8,075 | 92 | 1.0x |
| Torrington, WY | 6,182 | 93 | 1.0x |
