Ogallala, NE, showcases a cost of living index below the nationwide average. Specifically, it sits at 89, suggesting a 11% reduction in overall expenses when compared to the national benchmark of 100. This lower cost index makes it a potentially attractive option for those seeking a more affordable lifestyle without significantly compromising on daily needs.
Housing in Ogallala reflects the most significant savings, with an index of 79. This represents a 21% drop from the national average. While other categories like groceries and healthcare are near the national average, they still contribute to the overall affordability, making Ogallala a competitive choice for budget-conscious individuals.
The cost of living in Ogallala, Nebraska, is notably lower than the nationwide average, which is set at 100. Housing costs in Ogallala amount to 79% of the national average. This means residents can expect to spend less on their homes compared to other parts of the country. Grocery prices also tend to be more affordable, with an index of 93, slightly below the national benchmark.
When considering other expenses, Ogallala presents more savings. Utilities cost about 90% of the national average, indicating lower energy bills. Transportation costs are 87% of the average, suggesting cheaper fuel and public transport. Healthcare costs, at 95%, are only slightly above the national average, offering a balanced perspective on medical expenses. Miscellaneous expenses, at 85%, further reflect a generally lower cost of living.