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Cost & Benefits

Most affordable towns in Nebraska, 2026

Alliance is the most affordable ranked town in Nebraska. The score uses rent, the regional price level, state and local taxes, and electricity. A lower score is more affordable.

Press-ready summary

33
Towns ranked in Nebraska.
Alliance
Number 1 in Nebraska. Rent is 12.8% of income. National rank 29.
17.1%
Median rent share among ranked towns in Nebraska.
7
Ranked Nebraska towns in the national top 100.
Ralston
Least affordable ranked town in Nebraska. Rent is 21.0% of income. National rank 1005.

How to cite this

Free to quote and reuse if you credit Cost & Benefits and link to this page. Please do not say a government agency made the ranking.

Cost & Benefits. "2026 Most Affordable Towns Index: Nebraska." October 16, 2026. https://costandbenefits.com/reports/most-affordable-towns-2026/nebraska

https://costandbenefits.com/reports/most-affordable-towns-2026/nebraska

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Benefits and taxes in Nebraska

Top 25

  1. #1 in Nebraska · National #29

    Alliance

    Rent share 12.8% · Price level 90.1 · Score 0.142

    Median rent is $694 a month and median income is $65,160, so rent is 12.8% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  2. #2 in Nebraska · National #37

    Gering

    Rent share 13.2% · Price level 90.1 · Score 0.148

    Median rent is $823 a month and median income is $75,093, so rent is 13.2% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  3. #3 in Nebraska · National #44

    Schuyler

    Rent share 15.7% · Price level 90.1 · Score 0.153

    Median rent is $1,049 a month and median income is $80,399, so rent is 15.7% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  4. #4 in Nebraska · National #74

    Crete

    Rent share 14.5% · Price level 90.1 · Score 0.172

    Median rent is $936 a month and median income is $77,209, so rent is 14.5% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  5. #5 in Nebraska · National #83

    Beatrice

    Rent share 15.9% · Price level 90.1 · Score 0.176

    Median rent is $758 a month and median income is $57,264, so rent is 15.9% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  6. #6 in Nebraska · National #84

    Blair

    Rent share 13.8% · Price level 91.9 · Score 0.176

    Median rent is $937 a month and median income is $81,452, so rent is 13.8% of income, under the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  7. #7 in Nebraska · National #98

    Plattsmouth

    Rent share 15.3% · Price level 91.9 · Score 0.180

    Median rent is $941 a month and median income is $73,929, so rent is 15.3% of income, under the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  8. #8 in Nebraska · National #109

    Hastings

    Rent share 16.1% · Price level 90.1 · Score 0.184

    Median rent is $858 a month and median income is $64,048, so rent is 16.1% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  9. #9 in Nebraska · National #120

    Nebraska City

    Rent share 16.9% · Price level 90.1 · Score 0.186

    Median rent is $947 a month and median income is $67,117, so rent is 16.9% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  10. #10 in Nebraska · National #124

    Papillion

    Rent share 13.6% · Price level 91.9 · Score 0.187

    Median rent is $1,269 a month and median income is $111,679, so rent is 13.6% of income, under the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  11. #11 in Nebraska · National #126

    York

    Rent share 16.4% · Price level 90.1 · Score 0.188

    Median rent is $862 a month and median income is $63,265, so rent is 16.4% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  12. #12 in Nebraska · National #127

    Lexington

    Rent share 17.1% · Price level 90.1 · Score 0.188

    Median rent is $966 a month and median income is $67,666, so rent is 17.1% of income, even with the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  13. #13 in Nebraska · National #176

    McCook

    Rent share 17.4% · Price level 90.1 · Score 0.200

    Median rent is $823 a month and median income is $56,917, so rent is 17.4% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  14. #14 in Nebraska · National #177

    Gretna

    Rent share 14.9% · Price level 91.9 · Score 0.200

    Median rent is $1,540 a month and median income is $123,992, so rent is 14.9% of income, under the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  15. #15 in Nebraska · National #184

    Columbus

    Rent share 16.6% · Price level 90.1 · Score 0.201

    Median rent is $892 a month and median income is $64,626, so rent is 16.6% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  16. #16 in Nebraska · National #189

    Kearney

    Rent share 16.3% · Price level 90.1 · Score 0.202

    Median rent is $949 a month and median income is $69,724, so rent is 16.3% of income, under the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  17. #17 in Nebraska · National #208

    Sidney

    Rent share 18.0% · Price level 90.1 · Score 0.207

    Median rent is $819 a month and median income is $54,734, so rent is 18.0% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  18. #18 in Nebraska · National #210

    Grand Island

    Rent share 17.8% · Price level 86.7 · Score 0.207

    Median rent is $947 a month and median income is $63,795, so rent is 17.8% of income, over the 17.1% median for ranked towns in Nebraska. The Grand Island, NE metro price level is 86.7 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  19. #19 in Nebraska · National #251

    Chalco

    Rent share 16.7% · Price level 91.9 · Score 0.216

    Median rent is $1,195 a month and median income is $85,672, so rent is 16.7% of income, under the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  20. #20 in Nebraska · National #272

    Seward

    Rent share 16.8% · Price level 91.6 · Score 0.221

    Median rent is $1,018 a month and median income is $72,564, so rent is 16.8% of income, under the 17.1% median for ranked towns in Nebraska. The Lincoln, NE metro price level is 91.6 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  21. #21 in Nebraska · National #315

    Bellevue

    Rent share 17.2% · Price level 91.9 · Score 0.228

    Median rent is $1,226 a month and median income is $85,462, so rent is 17.2% of income, over the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  22. #22 in Nebraska · National #319

    Norfolk

    Rent share 17.8% · Price level 90.1 · Score 0.229

    Median rent is $875 a month and median income is $58,884, so rent is 17.8% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  23. #23 in Nebraska · National #321

    South Sioux City

    Rent share 19.8% · Price level 86.5 · Score 0.229

    Median rent is $1,127 a month and median income is $68,223, so rent is 19.8% of income, over the 17.1% median for ranked towns in Nebraska. The Sioux City, IA-NE-SD metro price level is 86.5 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  24. #24 in Nebraska · National #328

    Holdrege

    Rent share 18.0% · Price level 90.1 · Score 0.230

    Median rent is $835 a month and median income is $55,789, so rent is 18.0% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  25. #25 in Nebraska · National #337

    Wayne

    Rent share 17.7% · Price level 90.1 · Score 0.231

    Median rent is $792 a month and median income is $53,702, so rent is 17.7% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

Least affordable 10

  1. #33 in Nebraska · National #1005

    Ralston

    Rent share 21.0% · Price level 91.9 · Score 0.306

    Median rent is $1,215 a month and median income is $69,403, so rent is 21.0% of income, over the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is rent share.

  2. #32 in Nebraska · National #674

    Omaha

    Rent share 19.5% · Price level 91.9 · Score 0.278

    Median rent is $1,187 a month and median income is $73,201, so rent is 19.5% of income, over the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  3. #31 in Nebraska · National #641

    La Vista

    Rent share 19.3% · Price level 91.9 · Score 0.275

    Median rent is $1,317 a month and median income is $81,961, so rent is 19.3% of income, over the 17.1% median for ranked towns in Nebraska. The Omaha, NE-IA metro price level is 91.9 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  4. #30 in Nebraska · National #473

    Scottsbluff

    Rent share 20.6% · Price level 90.1 · Score 0.256

    Median rent is $966 a month and median income is $56,359, so rent is 20.6% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is rent share.

  5. #29 in Nebraska · National #442

    Lincoln

    Rent share 18.1% · Price level 91.6 · Score 0.251

    Median rent is $1,086 a month and median income is $71,867, so rent is 18.1% of income, over the 17.1% median for ranked towns in Nebraska. The Lincoln, NE metro price level is 91.6 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  6. #28 in Nebraska · National #408

    Chadron

    Rent share 19.4% · Price level 90.1 · Score 0.244

    Median rent is $881 a month and median income is $54,590, so rent is 19.4% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is rent share.

  7. #27 in Nebraska · National #384

    North Platte

    Rent share 19.0% · Price level 90.1 · Score 0.240

    Median rent is $921 a month and median income is $58,097, so rent is 19.0% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

  8. #26 in Nebraska · National #341

    Fremont

    Rent share 18.2% · Price level 90.1 · Score 0.232

    Median rent is $1,080 a month and median income is $71,152, so rent is 18.2% of income, over the 17.1% median for ranked towns in Nebraska. The Nebraska state price level is 90.1 (U.S. = 100). Residential electricity is 13.78 cents per kWh. Among ranked U.S. towns, its lightest mark is electricity price and its heaviest mark is tax burden.

The formula

A lower score is more affordable. Each of the four parts counts the same. That equal weight is our choice so the formula stays easy to read. It is not a government standard.

A percentile is the share of ranked towns with a strictly lower number, divided by the number of ranked towns minus one. The lowest number scores 0. Tied numbers share a percentile.

  1. Rent share = (median monthly rent × 12) / median household income. Both figures are the Census 2020–2024 medians for that place.
  2. RPP-adjusted cost is the BEA 2024 all-items regional price parity. A basket priced at 100 for the U.S. average costs this many dollars in the town's area. We use the metro index when the county is in a metro BEA publishes. Otherwise we use the state index and say so. This index includes housing, so housing also shows up in the rent share.
  3. Tax burden is the average of three percentiles. Income-tax share is state income tax plus the stored 2023 local AGI add-on, divided by the town's median household income, on a joint return. Property share is the state's median effective property-tax rate times the town's median home value, divided by income. Sales rate is the combined state and average local sales-tax rate. We do not turn the sales rate into dollars, because that would require a shopping basket we do not have.
  4. Electricity is the state residential price in cents per kilowatt-hour. Every town in a state shares it. We do not guess how many kilowatt-hours a home uses.

Score = (percentile of rent share + percentile of price level + tax score + percentile of electricity price) / 4. Rank 1 is the lowest score. If scores tie, the lower rent share wins, then the lower price level, then the place slug in A-to-Z order.

Questions

What is the most affordable town in Nebraska in this index?

Alliance is number 1 of 33 ranked towns in Nebraska. Median rent is 12.8% of median income. Its national rank is 29.

How many towns in Nebraska were ranked?

33 towns in Nebraska have at least 5,000 people and published Census rent, income, and home value. Places missing one of those figures are left out.

Does this ranking approve benefits in Nebraska?

No. Cost & Benefits does not approve or deny benefits. The score is a cost comparison only.