Holdrege, NE, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Holdrege stands at 88, which is 12% below the national average of 100. This means residents in Holdrege can expect to spend less on various living expenses, making it an attractive option for those looking to manage their budget effectively.
Holdrege, NE, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Holdrege stands at 85, which is 15% below the national average of 100. This lower index suggests that residents can expect to spend less on their overall expenses compared to the average American.
When examining specific categories, Holdrege shows a particularly favorable housing index at 78, which is 22% below the national average. This means that housing costs in Holdrege are significantly more affordable. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also fall below the national average, though not as dramatically. Groceries are 8% lower, utilities 10% lower, transportation 15% lower, healthcare 5% lower, and miscellaneous expenses 12% lower. These figures highlight that while Holdrege offers a more affordable lifestyle, residents still have access to essential services at competitive prices.