Cost of living in Seward 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 Seward 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 Seward is 93, with 100 being the average.
The cost of living index in Seward is 0.9x lower than the national average.
Seward ranks as the #27 cheapest in Nebraska out of 34.
Seward ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Seward is $178,200.
The median income in Seward is $68,348.
According to the most recent data on the cost of living, Seward has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Nebraska, Seward has a cost of living index that's 1.0x higher than Nebraska's index of 91.
The standard of living in Seward ranks as #27 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Seward ranks as the #7 most expensive place in the Cornhusker State.
For more reading on life in Seward, check out:
Six factors go into calculating the cost of living index in Seward. Here is how it fairs on each of the criteria:
The Services index in Seward is 101.
The Groceries index in Seward is 95.
The Health index in Seward is 107.
The Housing index in Seward is 78.
The Transportation index in Seward is 103.
The Utilities index in Seward is 90.
Living Expense | Seward | Nebraska | National Average | |
---|---|---|---|---|
Overall | 93 | 91 | 100 | |
Services | 101 | 95 | 100 | |
Groceries | 95 | 96 | 100 | |
Health | 107 | 99 | 100 | |
Housing | 78 | 80 | 100 | |
Transportation | 103 | 99 | 100 | |
Utilities | 90 | 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 Seward is $178,200.
The Median Rent in Seward is $809.
The Median Income in Seward is $68,348.
The Home Value To Income in Seward is 2.6x.
The Rent To Monthly Income in Seward is 0.14x.
Statistic | Seward | Nebraska | United States |
---|---|---|---|
Median Home Value | $178,200 | $174,100 | $244,900 |
Median Rent | $809 | $909 | $1,163 |
Median Income | $68,348 | $66,644 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.14x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Seward. Here's a quick look at the cost of living in the most populous nearby places:
Gretna, NE has a cost of living index of 96, 1.0x Seward.
City | Population | Cost Of Living | Vs. Seward |
---|---|---|---|
Gretna, NE | 5,106 | 96 | 1.0x |