McCook, NE Cost Of Living
Cost Of Living In McCook, NE Summary
Cost of living in McCook 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 McCook 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 McCook is 82, with 100 being the average.
The cost of living index in McCook is 0.8x lower than the national average.
McCook ranks as the #3 cheapest in Nebraska out of 34.
McCook ranks as the #377 cheapest out of 6,412 in the US.
The median home value in McCook is $127,300.
The median income in McCook is $51,711.
Table Of Contents
McCook's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in McCook, NE?
According to the most recent data on the cost of living, McCook has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Nebraska, McCook has a cost of living index that's 0.9x lower than Nebraska's index of 91.
The standard of living in McCook ranks as #3 most affordable out of the 34 places we measured in Nebraska. By definition, that implies McCook ranks as the #31 most expensive place in the Cornhusker State.
For more reading on life in McCook, check out:
- Living In McCook
- McCook Crime Report
- Search Homes For Sale In Mccook, NE
In Nebraska
In America
McCook Cost Of Living Vs. Nebraska
Six factors go into calculating the cost of living index in McCook. Here is how it fairs on each of the criteria:
The Services index in McCook is 97.
The Groceries index in McCook is 102.
The Health index in McCook is 96.
The Housing index in McCook is 48.
The Transportation index in McCook is 94.
The Utilities index in McCook is 82.
| Living Expense | McCook | Nebraska | National Average | |
|---|---|---|---|---|
| Overall | 82 | 91 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 102 | 96 | 100 | |
| Health | 96 | 99 | 100 | |
| Housing | 48 | 80 | 100 | |
| Transportation | 94 | 99 | 100 | |
| Utilities | 82 | 86 | 100 | |
McCook, NE Housing Cost Breakdown
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 McCook is $127,300.
The Median Rent in McCook is $680.
The Median Income in McCook is $51,711.
The Home Value To Income in McCook is 2.5x.
The Rent To Monthly Income in McCook is 0.16x.
| Statistic | McCook | Nebraska | United States |
|---|---|---|---|
| Median Home Value | $127,300 | $174,100 | $244,900 |
| Median Rent | $680 | $909 | $1,163 |
| Median Income | $51,711 | $66,644 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
McCook, NE Costs By Category
Detailed McCook Services Costs Vs. Nebraska
Detailed McCook Groceries Costs Vs. Nebraska
Detailed McCook Health Costs Vs. Nebraska
Detailed McCook Transportation Costs Vs. Nebraska
Detailed McCook Utilities Costs Vs. Nebraska
Mccook SnackAbility
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