Alliance cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAllianceNebraskaNational
Cost of living index8288100
IndexAllianceNebraskaNational
Goods & Services index9094100
Groceries index9996100
Health care index9998100
Housing index5375100
Transportation index10194100
Utilities index9987100
An overview of the general cost of living index for Alliance, NE is displayed above for your reference. Residents in Alliance, NE enjoy a cost of living index of 82. This index is 6% lower than the Nebraska average, and 18% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Alliance, NE, the average cost of goods and services is 4% lower than it is in Nebraska, and it is 10% lower than the national average.

Did you know?

  • The cost of living in Alliance is 6% lower than the Nebraska average.
  • The cost of living in Alliance is 18% lower than the national average.
  • The cost of housing in Alliance is 47% lower than the national average.
  • Nebraska general sales tax is 8% higher than the national average.
  • Nebraska state income tax is 11% higher than the national average.

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Salary Calculator

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The salary calculator is meant to help you compare your salary in Alliance, NE to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Alliance, NE, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Alliance, NE salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$64,444$5,370$1,504$1,934
Renters$26,917$2,243$628$808
If you want to find a good determining factor for the cost of living and the general affordability of housing in Alliance, NE, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Alliance, NE, the median monthly income is $64,444 for those who own their own homes. Under the standard rule, that income level would allow for $1,504 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,917, per the median income in the area. That would allow for renters to spend up to $628 on monthly rental expenses.

Nebraska Sales Tax

StateGeneral Sales TaxWith Max Surtax
Nebraska5.5%7.5%

Nebraska Income Tax

StateIncome Tax (Low)Income Tax (High)
Nebraska2.46%6.84%
The Nebraska sales tax and Nebraska income tax rates should definitely be considered when determining the overall cost of living in Alliance, NE. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Nebraska sales tax is 5.5% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Nebraska income tax rates range from 2.46% to 6.84%.

Goods & Services

ItemAllianceNational avg.Difference
Haircut $14.00$15.5610.1%
Beauty Salon $28.87$36.1120.1%
Toothpaste $2.53$2.472.2%
Shampoo $0.86$0.9610.5%
Movie $9.16$10.139.6%
Bowling $3.25$4.7431.4%

Groceries

ItemAllianceNational avg.Difference
Ground Beef $3.85$3.983.5%
Fried Chicken $1.22$1.4113.5%
Milk $2.17$2.065.0%
Potatoes $1.93$2.9835.2%
Pizza $10.00$9.475.6%
Beer $8.56$8.792.6%

Health Care

ItemAllianceNational avg.Difference
Optometrist $134.42$101.0433.0%
Doctor $102.85$107.444.3%
Dentist $86.67$90.424.1%
Ibuprofen $9.35$9.280.8%
Lipitor $420.52$426.501.4%

Housing

ItemAllianceNational avg.Difference
Home Price $88,900.00$175,700.0049.4%
Avg. Mortgage Payment $948.75$1,133.2316.3%
Apartment Rent $550.00$920.0040.2%

Transportation

ItemAllianceNational avg.Difference
Gasoline $1.97$1.991.0%
Tire Balancing $48.56$45.766.1%

Utilities

ItemAllianceNational avg.Difference
All Electricity$140.93$163.8114.0%
Phone $33.10$28.3916.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Berea, NE1995-5%
Alliance, NE8,50182-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
New Richmond, WI8,50197-3%
St. Anthony, MN8,50111010%
Live Oak city, CA8,5001022%
Helena Valley West Central, MT8,5021011%
Bonadelle Ranchos-Madera Ranchos, CA8,50312525%
Alliance, NE8,50182-18%
Source: The Alliance, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.