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.
A general overview of the cost of living index for Schuyler, NE is displayed above. In Schuyler, NE, the overall cost of living index is 83, which is 6% lower than the Nebraska average and 17% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Schuyler, NE, the city's goods and services are 8% higher than the Nebraska average and 3% higher than the U.S. average.
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The cost of living in Schuyler is 6% lower than the Nebraska average.
The cost of living in Schuyler is 17% lower than the national average.
The cost of housing in Schuyler is 49% 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.
Compare Schuyler, NE Cost of living To Other Cities
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
The salary calculator is meant to help you compare your salary in Schuyler, NE to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Schuyler, NE, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Schuyler, NE salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Schuyler, NE, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Schuyler, NE has a median income of about $53,563 for people who own homes. Based on that number, a person should spend a maximum of $1,250 on expenses related to housing. Renters have a slightly different median income, which is $31,691. Based on this average, renters should spend no more than $739 on all of their rental costs if they want to maintain a non-impoverished standard of living.
Nebraska Sales Tax
General Sales Tax
With Max Surtax
Nebraska Income Tax
Income Tax (Low)
Income Tax (High)
When you are determining the total cost of living in Schuyler, NE you will want to make sure you consider both the Nebraska sales tax and the Nebraska income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Nebraska is 5.5%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Nebraska have a range from 2.46% to 6.84%.
Goods & Services
Avg. Mortgage Payment
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.