Cost of Living in Grand Island, NE
2024 data from the Bureau of Economic Analysis
Cost Index
86.7
13.3% below avg
Housing Index
61.7
Median Income
$63,314
Median Rent
$870/mo
Cost Breakdown
Overall86.7 (-13.3%)
Housing61.7 (-38.3%)
Goods94.1 (-5.9%)
Utilities74.2 (-25.8%)
Other Services93.0 (-7.0%)
National average = 100
Income & Housing
Median Household Income
$63,314/year
Median Home Value
$186,200
Median Monthly Rent
$870/mo
Per Capita Income
$32,609/year
Compare Grand Island, NE With
Grand Island, NE vs Grand Forks, NDGrand Island, NE vs Florence, SCGrand Island, NE vs Sioux City, IAGrand Island, NE vs Kingsport, TNGrand Island, NE vs St. Joseph, MOGrand Island, NE vs Morristown, TNGrand Island, NE vs Laredo, TXGrand Island, NE vs Minot, NDGrand Island, NE vs Waterloo, IAGrand Island, NE vs Parkersburg, WV
Frequently Asked Questions
Is Grand Island, NE expensive to live in?
Grand Island, NE has a cost of living index of 86.7, which is 13.3% below the national average.
How much does housing cost in Grand Island, NE?
Housing costs in Grand Island, NE are indexed at 61.7 compared to the national average of 100. The median monthly rent is $870.
What is the average income in Grand Island, NE?
The median household income in Grand Island, NE is $63,314 per year.
What is the average home price in Grand Island, NE?
The median home value in Grand Island, NE is $186,200.