Cost of living in Alliance research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Alliance is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Nebraska, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Alliance is 81, with 100 being the average.
The cost of living index in Alliance is 0.8x lower than the national average.
Alliance ranks as the #1 cheapest in Nebraska out of 34.
Alliance ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Alliance is $126,300.
The median income in Alliance is $56,866.
According to the most recent data on the cost of living, Alliance has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Nebraska, Alliance has a cost of living index that's 0.9x lower than Nebraska's index of 91.
The standard of living in Alliance ranks as #1 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Alliance ranks as the #33 most expensive place in the Cornhusker State.
For more reading on life in Alliance, check out:
Six factors go into calculating the cost of living index in Alliance. Here is how it fairs on each of the criteria:
The Services index in Alliance is 99.
The Groceries index in Alliance is 104.
The Health index in Alliance is 93.
The Housing index in Alliance is 53.
The Transportation index in Alliance is 87.
The Utilities index in Alliance is 87.
Living Expense | Alliance | Nebraska | National Average | |
---|---|---|---|---|
Overall | 81 | 91 | 100 | |
Services | 99 | 95 | 100 | |
Groceries | 104 | 96 | 100 | |
Health | 93 | 99 | 100 | |
Housing | 53 | 80 | 100 | |
Transportation | 87 | 99 | 100 | |
Utilities | 87 | 86 | 100 |
Housing swings affordability the most between places in Nebraska, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Alliance is $126,300.
The Median Rent in Alliance is $709.
The Median Income in Alliance is $56,866.
The Home Value To Income in Alliance is 2.2x.
The Rent To Monthly Income in Alliance is 0.15x.
Statistic | Alliance | Nebraska | United States |
---|---|---|---|
Median Home Value | $126,300 | $174,100 | $244,900 |
Median Rent | $709 | $909 | $1,163 |
Median Income | $56,866 | $66,644 | $69,021 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.15x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Alliance. Here's a quick look at the cost of living in the most populous nearby places:
Scottsbluff, NE has a cost of living index of 86, 1.1x Alliance.
Gering, NE has a cost of living index of 87, 1.1x Alliance.
City | Population | Cost Of Living | Vs. Alliance |
---|---|---|---|
Scottsbluff, NE | 14,511 | 86 | 1.1x |
Gering, NE | 8,521 | 87 | 1.1x |