Nebraska by the numbers

A decision-oriented profile: what it costs to live here, what the job market looks like, and how it stacks up against where you are now. Every figure links to its official source.

Price level (all items)90.1−9.9% vs US avg · rank 42/51 BEA RPP SARPPSource: BEA Regional Price Parities · SARPP · 2024 vintage · released February 2026 · Official API
Unemployment3.0%May 2026 (prelim.) BLS LAUS LAUSSource: BLS Local Area Unemployment Statistics · LAUS · May 2026 vintage · released May 2026 · Official API
Median rent$1,072/moCensus ACS ACS5Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$238,600Census ACS ACS5Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API

The bottom line on Nebraska

The cost-of-living picture

Overall prices in Nebraska run at 90.1 on the BEA index, where 100 is the US average — among the most affordable states in the country. That puts it 10% below the national level, the 10th-cheapest state of 51. The single biggest factor is housing rents, which sits at 75.2 — 25% below the national norm.

Housing

The typical renter pays $1,072 a month — 24% below the national median of $1,413, the 35th-highest rent in the country. Buying is a bigger gap: the median home is worth $238,600, 28% below the national median. 66.5% of homes are owner-occupied, making it roughly typical in its owner/renter split. Renters here spend a median 27.9% of their income on rent, within the range usually considered affordable.

Do paychecks keep up with prices?

Median household income is $76,475, the 29th-highest of 51 states. But income only matters relative to prices: adjusted for local costs, that is worth $84,878 in national-average terms. Because costs are low, Nebraska punches above its paycheck: it climbs from 29th in raw income to 19th once you adjust for prices.

The tax trade-off

Income is taxed through graduated brackets, topping out at 4.55%. Combined sales tax averages 6.98%. The two roughly offset, leaving a middle-of-the-pack tax profile. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 3.0% (May 2026), 29% below the national 4.2%. That is a tighter labor market than the country as a whole. It is also the one figure here that refreshes monthly, rather than annually.

Every figure above is drawn from the sourced data on this page — no estimates, no filler.

What it costs to live here

Price level by component, 100 = US average. Higher means more expensive than the national average.

Regional price parity by component for Nebraska.
ComponentNebraskavs US avg
All items90.1−9.9%
Housing rents75.2−24.8%
Goods94.1−5.9%
Utilities75.6−24.4%
Other services93.0−7.0%

BEA Regional Price Parities · SARPP · 2024 · rel. February 2026 · Official API

Housing & income (ACS)

Median gross rent$1,072/mo
Median home value$238,600
Median household income$76,475/yr
Homeownership rate66.5%
Median rent as % of income27.9%
Median owner costs as % of income16.7%

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official API

The job market

The seasonally-adjusted unemployment rate in Nebraska is 3.0% as of May 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · May 2026 · rel. May 2026 · Official API

How Nebraska has changed since 2005

Home prices (FHFA index)

Home prices in Nebraska are up 121% since 2005 (FHFA index). That outpaces the national 97% — home values here have grown faster than the country as a whole.

291480669200520162026545
Nebraska United States
Data table
YearNebraskaUS
2005247363
2006251379
2007252375
2008251348
2009249330
2010250324
2011251313
2012253315
2013260328
2014270345
2015283362
2016294382
2017311403
2018327422
2019344444
2020363471
2021419556
2022463617
2023492649
2024522685
2025541708
2026545713

Unemployment rate

State unemployment peaked at 4.6% in 2009 and stands at 3.0% today — well down from the peak.

1%5%9%2005201620263%
Nebraska United States
Data table
YearNebraskaUS
20053.8%5.1%
20063%4.6%
20073%4.6%
20083.3%5.8%
20094.6%9.3%
20104.6%9.6%
20114.4%8.9%
20123.9%8.1%
20133.7%7.4%
20143.2%6.2%
20153%5.3%
20163.1%4.9%
20173%4.4%
20182.9%3.9%
20193.1%3.7%
20204.3%8.1%
20212.7%5.4%
20222.2%3.7%
20232.3%3.6%
20242.7%4%
20252.9%4.3%
20263%4.3%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2026 · rel. continuously updated · Official API

What you'd pay in tax

Hand-curated · last verified 2026-07-20 · tax year 2026
Individual income tax4.55% top rate (graduated)
Sales tax (state)5.50%
Sales tax (combined avg)6.98%

Tax Foundation — 2026 State Individual Income Tax Rates and Brackets · Income · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Tax Foundation — State and Local Sales Tax Rates, 2026 · Sales · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Compare taxes across all states →

How it compares to where you are now

See how far your income would go here versus your current state — adjusted for what things actually cost.

Compare your income in Nebraska →

Where Nebraska ranks

Sources for every figure on this page

Occupation wages and a full tax profile for Nebraska are being added. See the methodology →