Columbus 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.
IndexColumbusNebraskaNational
Cost of living index8888100
IndexColumbusNebraskaNational
Goods & Services index10094100
Groceries index9696100
Health care index10198100
Housing index6875100
Transportation index10194100
Utilities index7487100
A general summary of the cost of living index in Columbus, NE is shown above. Compared to the state average of Nebraska the cost of living index in Columbus, NE is 88, which is 1% lower than the average in Nebraska and compared to the national average it is 12% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Columbus, NE goods and services come in at 7% higher than the average in Nebraska and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Columbus is 1% lower than the Nebraska average.
  • The cost of living in Columbus is 12% lower than the national average.
  • The cost of housing in Columbus is 32% 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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Use the salary calculator to compare your current income in Columbus, NE to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Columbus, NE, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Columbus, NE salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,290$5,024$1,407$1,809
Renters$31,836$2,653$743$955
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Columbus, NE, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Columbus, NE homeowners have a median income of $60,290. Using that number, you will come up with a maximum of $1,407 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $31,836, which means there is a maximum of $743 to be spent on the costs of renting a home or apartment.

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%
One thing to keep in mind when considering the cost of living in Columbus, NE is the Nebraska sales tax and Nebraska income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Nebraska sales tax rate is 5.5% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Nebraska income tax rates range from 2.46% to 6.84%.

Goods & Services

ItemColumbusNational avg.Difference
Haircut $16.75$15.567.6%
Beauty Salon $28.63$36.1120.7%
Toothpaste $2.15$2.4713.2%
Shampoo $0.96$0.960.5%
Movie $10.10$10.130.3%
Bowling $4.85$4.742.4%

Groceries

ItemColumbusNational avg.Difference
Ground Beef $3.52$3.9811.6%
Fried Chicken $1.36$1.413.3%
Milk $2.65$2.0628.2%
Potatoes $2.71$2.989.1%
Pizza $9.82$9.473.7%
Beer $8.15$8.797.3%

Health Care

ItemColumbusNational avg.Difference
Optometrist $105.69$101.044.6%
Doctor $121.17$107.4412.8%
Dentist $81.06$90.4210.4%
Ibuprofen $8.92$9.283.9%
Lipitor $448.57$426.505.2%

Housing

ItemColumbusNational avg.Difference
Home Price $118,300.00$175,700.0032.7%
Avg. Mortgage Payment $900.31$1,133.2320.6%
Apartment Rent $650.00$920.0029.3%

Transportation

ItemColumbusNational avg.Difference
Gasoline $1.98$1.990.4%
Tire Balancing $47.53$45.763.9%

Utilities

ItemColumbusNational avg.Difference
All Electricity$136.52$163.8116.7%
Phone $17.50$28.3938.4%
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.
Tarnov, NE8476-24%
Richland, NE6181-19%
Monroe, NE30482-18%
Platte Center, NE41782-18%
David City, NE2,88684-16%
Columbus, NE22,43688-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Newberg, OR22,45111212%
Crystal, MN22,4591011%
Rosemount, MN22,46911010%
Silver Firs, WA22,39813333%
Prichard, AL22,47585-15%
Columbus, NE22,43688-12%
Source: The Columbus, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.