Cost Of Living in Herman, NE

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21%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

53%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Herman	Nebraska	National
Cost of living	79	91	100
Goods & Services	94	99	100
Groceries	100	99	100
Health care	96	100	100
Housing	47	76	100
Transportation	90	93	100
Utilities	85	89	100

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Homes For Sale In Herman, NE

203 W 6th St

Herman, NE

105 W 3rd St

Herman, NE

Cost Of Living Quick Facts

The cost of living in Herman is 12% lower than the Nebraska average
The cost of living in Herman is 21% lower than the national average
Herman housing is 53% lower than the national average
Nebraska general sales tax is 8% higher than the national average
Nebraska state income tax is 5% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$71,175	$5,931	$1,661	$2,135
Renters	$96,330	$8,028	$2,248	$2,890

Nebraska Sales Tax

State	General Sales Tax	With Max Surtax
Nebraska	5.5%	7.5%

Nebraska Income Tax

State	Income Tax (Low)	Income Tax (High)
Nebraska	2.46%	6.64%

Goods & Services

Item	Herman	National avg.	Difference
Haircut	$24.39	$27.62	11.7%
Beauty Salon	$33.61	$51.11	34.2%
Toothpaste	$4.04	$4.09	1.3%
Shampoo	$1.39	$1.54	9.9%
Movie	$12.50	$12.88	2.9%
Yoga	$18.11	$19.66	7.9%

Groceries

Item	Herman	National avg.	Difference
Ground Beef	$7.45	$7.70	3.3%
Fried Chicken	$1.53	$1.66	8.0%
Milk	$4.86	$4.73	2.7%
Potatoes	$5.61	$5.26	6.7%
Pizza	$13.39	$12.76	4.9%
Beer	$10.19	$10.55	3.4%

Health Care

Item	Herman	National avg.	Difference
Optometrist	$107.79	$140.06	23.0%
Doctor	$173.13	$153.82	12.6%
Dentist	$97.00	$123.15	21.2%
Ibuprofen	$11.95	$11.73	1.9%
Lipitor	$24.43	$23.61	3.5%

Housing

Item	Herman	National avg.	Difference
Home Price	$176,039.00	$326,622.00	46.1%
Avg. Mortgage Payment	$1,826.84	$2,480.25	26.3%
Apartment Rent	$441.00	$1,444.00	69.5%

Transportation

Item	Herman	National avg.	Difference
Gasoline	$2.78	$3.06	9.2%
Tire Balancing	$57.34	$65.21	12.1%

Utilities

Item	Herman	National avg.	Difference
All Electricity	$162.78	$220.12	26.0%
Phone	$201.56	$195.71	3.0%

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	Population	Cost of Living Index	National Avg.
Fontanelle, NE	83	93	6.8%
California Junction, IA	41	93	6.8%
River Sioux, IA	41	74	25.5%
Little Sioux, IA	198	75	24.9%
Modale, IA	307	78	22.1%
Herman, NE	485	79	20.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Black, AL	485	75	24.5%
Concow, CA	485	110	9.6%
Creal Springs, IL	485	83	17.5%
Davis, IL	485	89	10.6%
Sharpsburg, KY	485	81	19.3%
Herman, NE	485	79	20.7%