Amherst 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.
IndexAmherstNebraskaNational
Cost of living index7988100
IndexAmherstNebraskaNational
Goods & Services index8694100
Groceries index9896100
Health care index9498100
Housing index5475100
Transportation index8594100
Utilities index9787100

Did you know?

  • The cost of living in Amherst is 10% lower than the Nebraska average.
  • The cost of living in Amherst is 21% lower than the national average.
  • The cost of housing in Amherst is 46% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,875$4,323$1,210$1,556
Renters$45,000$3,750$1,050$1,350

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%

Goods & Services

ItemAmherstNational avg.Difference
Haircut $11.45$15.5626.5%
Beauty Salon $22.11$36.1138.8%
Toothpaste $2.59$2.474.8%
Shampoo $1.02$0.965.7%
Movie $8.50$10.1316.1%
Bowling $3.73$4.7421.2%

Groceries

ItemAmherstNational avg.Difference
Ground Beef $3.68$3.987.6%
Fried Chicken $1.71$1.4121.8%
Milk $2.00$2.062.9%
Potatoes $2.36$2.9820.9%
Pizza $9.83$9.473.8%
Beer $7.93$8.799.9%

Health Care

ItemAmherstNational avg.Difference
Optometrist $86.50$101.0414.4%
Doctor $100.00$107.446.9%
Dentist $78.17$90.4213.5%
Ibuprofen $9.74$9.285.0%
Lipitor $452.42$426.506.1%

Housing

ItemAmherstNational avg.Difference
Home Price $96,900.00$175,700.0044.8%
Avg. Mortgage Payment $1,179.49$1,133.234.1%
Apartment Rent $467.00$920.0049.2%

Transportation

ItemAmherstNational avg.Difference
Gasoline $1.85$1.997.4%
Tire Balancing $31.29$45.7631.6%

Utilities

ItemAmherstNational avg.Difference
All Electricity$106.97$163.8134.7%
Phone $39.95$28.3940.7%
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.
Miller, NE15074-26%
Odessa, NE4877-23%
Overton, NE71478-22%
Sumner, NE28678-22%
Elm Creek, NE88181-19%
Amherst, NE24079-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Staplehurst, NE24084-16%
Lenapah, OK24080-20%
Greenview, WV24072-28%
Topaz Lake, NV24012626%
Edith Endave, NM2401066%
Amherst, NE24079-21%
Source: The Amherst, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.