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Cost of living index

Grand Island, NE

86.7 / 100

Living in Grand Island, NE is 13.3% cheaper than the US average.

Overall prices
86.7
Housing / rent
61.7
vs US average
13.3%

What it costs to live in Grand Island, NE

Grand Island, NE has an overall price level of 86.7 compared with the national average of 100, meaning everyday costs run about 13.3% lower than a typical US metro. Housing tells the sharper story: at 61.7 it is 38.3% below the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.

Common questions

Is Grand Island, NE an expensive place to live?
Grand Island, NE has an overall cost-of-living index of 86.7, where 100 is the US average. That makes it about 13.3% cheaper than the country as a whole.
Is housing expensive in Grand Island, NE?
Housing in Grand Island, NE scores 61.7 against a US average of 100 — roughly 38.3% below average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Grand Island, NE compare to the US average cost of living?
Overall prices in Grand Island, NE sit at 86.7 versus 100 for the US average, with housing at 61.7. Figures come from the US Bureau of Economic Analysis for 2024.