| Index | Herman | Nebraska | National |
| Cost of living | 81 | 89 | 100 |
| Goods & Services | 97 | 96 | 100 |
| Groceries | 98 | 96 | 100 |
| Health care | 88 | 98 | 100 |
| Housing | 46 | 76 | 100 |
| Transportation | 99 | 100 | 100 |
| Utilities | 96 | 86 | 100 |


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| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $48,750 | $4,063 | $1,137 | $1,463 |
| Renters | $65,865 | $5,489 | $1,537 | $1,976 |
| State | General Sales Tax | With Max Surtax |
| Nebraska | 5.5% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Nebraska | 2.46% | 6.64% |
| Item | Herman | National avg. | Difference |
| Haircut | $23.69 | $24.26 | 2.4% |
| Beauty Salon | $32.50 | $45.56 | 28.7% |
| Toothpaste | $3.71 | $3.70 | 0.3% |
| Shampoo | $1.23 | $1.28 | 3.7% |
| Movie | $12.12 | $12.13 | 0.1% |
| Bowling | $18.36 | $18.00 | 2.0% |
| Item | Herman | National avg. | Difference |
| Ground Beef | $6.11 | $5.84 | 4.6% |
| Fried Chicken | $1.40 | $1.57 | 11.2% |
| Milk | $4.67 | $4.67 | 0.1% |
| Potatoes | $4.50 | $4.93 | 8.9% |
| Pizza | $11.19 | $12.09 | 7.4% |
| Beer | $9.76 | $10.41 | 6.3% |
| Item | Herman | National avg. | Difference |
| Optometrist | $123.10 | $125.68 | 2.1% |
| Doctor | $135.27 | $135.78 | 0.4% |
| Dentist | $90.11 | $113.29 | 20.5% |
| Ibuprofen | $10.62 | $10.65 | 0.3% |
| Lipitor | $357.80 | $468.60 | 23.6% |
| Item | Herman | National avg. | Difference |
| Home Price | $97,500.00 | $184,700.00 | 47.2% |
| Avg. Mortgage Payment | $1,869.86 | $2,346.69 | 20.3% |
| Apartment Rent | $287.00 | $949.00 | 69.8% |
| Item | Herman | National avg. | Difference |
| Gasoline | $3.22 | $3.46 | 7.1% |
| Tire Balancing | $68.12 | $59.92 | 13.7% |
| Item | Herman | National avg. | Difference |
| All Electricity | $174.82 | $193.99 | 9.9% |
| Phone | $200.78 | $192.25 | 4.4% |
| City | Population | Cost of Living Index | National Avg. |
| Fontanelle, NE | 80 | 97 | 3.4% |
| California Junction, IA | 40 | 97 | 3.4% |
| River Sioux, IA | 40 | 77 | 23.5% |
| Little Sioux, IA | 192 | 78 | 22.4% |
| Modale, IA | 296 | 80 | 19.9% |
| Herman, NE | 473 | 81 | 18.6% |
| City | Population | Cost of Living Index | National Avg. |
| Fort Yukon, AK | 473 | 116 | 16.4% |
| Courtland, CA | 473 | 178 | 77.7% |
| Canal Point, FL | 473 | 91 | 9.0% |
| Thornton, IA | 473 | 84 | 16.1% |
| Creal Springs, IL | 473 | 81 | 18.5% |
| Herman, NE | 473 | 81 | 18.6% |