Cost of Living in Phillips, NE

Get 300+ Local Insights for Any Address in Phillips, NE

Get Access to 300+ Local Data Points
A+
15%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
39%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Phillips Nebraska National
Cost of living8591100
Groceries9597100
Health care9698100
Housing6176100
Transportation9799100
Utilities9696100
Lifestyle & Entertainment9597100
Household Items9998100
Education & Childcare9096100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Phillips, NE

property for sale

701 W 18 Rd

Phillips, NE
property for sale

525 7th St

Phillips, NE
property for sale

704 Cottonwood Trl

Phillips, NE

Cost Of Living Quick Facts

  • The cost of living in Phillips is 7% lower than the Nebraska average
  • The cost of living in Phillips is 15% lower than the national average
  • Phillips housing is 39% 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

Most Affordable Places to Live in and Around Phillips

See all the best places to live around Phillips

Compare Phillips, NE Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Phillips?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Phillips?
      Write a review to give others more information about this area.
      See all Phillips poll results

      The best places in Nebraska

      Here are the best places to live in NebraskaSafest States In The USCheck out the 10 most dangerous cities in NebraskaSee the best places to live in Phillips
      Best Places in Nebraska

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$92,027$7,669$2,147$2,761
      Renters$0$0$0$0

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Marquette, NE2698217.8%
      Stockham, NE218217.5%
      Chapman, NE2848316.9%
      Alda, NE6188415.8%
      Central City, NE3,0088613.9%
      Phillips, NE2758514.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tuluksak, AK275936.9%
      Tonalea, AZ2751011.5%
      Trinity Center, CA27511716.5%
      Cincinnati, IA2757821.5%
      Butler, IL2758019.9%
      Phillips, NE2758514.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026