Cost of living in Wayne 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 Wayne 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 Wayne is 89, with 100 being the average.
The cost of living index in Wayne is 0.9x lower than the national average.
Wayne ranks as the #21 cheapest in Nebraska out of 34.
Wayne ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Wayne is $136,500.
The median income in Wayne is $46,610.
According to the most recent data on the cost of living, Wayne has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Nebraska, Wayne has a cost of living index that's 1.0x lower than Nebraska's index of 91.
The standard of living in Wayne ranks as #21 most affordable out of the 34 places we measured in Nebraska. By definition, that implies Wayne ranks as the #13 most expensive place in the Cornhusker State.
For more reading on life in Wayne, check out:
Six factors go into calculating the cost of living index in Wayne. Here is how it fairs on each of the criteria:
The Services index in Wayne is 97.
The Groceries index in Wayne is 101.
The Health index in Wayne is 97.
The Housing index in Wayne is 65.
The Transportation index in Wayne is 96.
The Utilities index in Wayne is 94.
Living Expense | Wayne | Nebraska | National Average | |
---|---|---|---|---|
Overall | 89 | 91 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 101 | 96 | 100 | |
Health | 97 | 99 | 100 | |
Housing | 65 | 80 | 100 | |
Transportation | 96 | 99 | 100 | |
Utilities | 94 | 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 Wayne is $136,500.
The Median Rent in Wayne is $741.
The Median Income in Wayne is $46,610.
The Home Value To Income in Wayne is 2.9x.
The Rent To Monthly Income in Wayne is 0.19x.
Statistic | Wayne | Nebraska | United States |
---|---|---|---|
Median Home Value | $136,500 | $174,100 | $244,900 |
Median Rent | $741 | $909 | $1,163 |
Median Income | $46,610 | $66,644 | $69,021 |
Home Value To Income | 2.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.19x | 0.16x | 0.2x |