Cost of living in Schuyler 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 Schuyler 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 Schuyler is 84, with 100 being the average.
The cost of living index in Schuyler is 0.8x lower than the national average.
Schuyler ranks as the #6 cheapest in Nebraska out of 34.
Schuyler ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Schuyler is $94,500.
The median income in Schuyler is $70,592.
According to the most recent data on the cost of living, Schuyler has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Nebraska, Schuyler has a cost of living index that's 0.9x lower than Nebraska's index of 91.
The standard of living in Schuyler ranks as #6 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Schuyler ranks as the #28 most expensive place in the Cornhusker State.
For more reading on life in Schuyler, check out:
Six factors go into calculating the cost of living index in Schuyler. Here is how it fairs on each of the criteria:
The Services index in Schuyler is 102.
The Groceries index in Schuyler is 95.
The Health index in Schuyler is 107.
The Housing index in Schuyler is 52.
The Transportation index in Schuyler is 99.
The Utilities index in Schuyler is 90.
|Living Expense||Schuyler||Nebraska||National Average|
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 2017-2021. The key points are:
The Median Home Value in Schuyler is $94,500.
The Median Rent in Schuyler is $753.
The Median Income in Schuyler is $70,592.
The Home Value To Income in Schuyler is 1.3x.
The Rent To Monthly Income in Schuyler is 0.13x.
|Median Home Value||$94,500||$174,100||$244,900|
|Home Value To Income||1.3x||2.6x||3.5x|
|Rent To Monthly Income||0.13x||0.16x||0.2x|
The cost of living varies in the cities and towns around Schuyler. Here's a quick look at the cost of living in the most populous nearby places:
Columbus, NE has a cost of living index of 90, 1.1x Schuyler.
Blair, NE has a cost of living index of 88, 1.0x Schuyler.
Seward, NE has a cost of living index of 93, 1.1x Schuyler.