Cost of Living in Grand Island, NE

Grand Island, NE — prices, rents and what jobs really pay here after taxes.

Price level
86.7
U.S. average = 100 · #358 of 387
Median wage
$49,410
all jobs · $3,376/mo take-home
1-bedroom rent
$948
HUD fair market rent

Salary comparison calculator

What would you need to earn in Grand Island, NE to keep the same lifestyle — after taxes — as in another city?

Cost of living calculator

Uses BEA price levels plus 2026 federal and state taxes in each city's state.

Salary needed to keep your lifestyle
—

    Prices in Grand Island, NE vs. the U.S. average

    CategoryIndex (U.S. = 100)Difference
    All items86.7−13.3%
    Housing61.7−38.3%
    Goods94.1−5.9%
    Utilities74.2−25.8%
    Other services93.0−7.0%

    Source: BEA Regional Price Parities, 2024.

    Rent in Grand Island, NE

    UnitMonthly rentIncome needed (30% rule)
    Studio$839$33,560/yr
    1 bedroom$948$37,920/yr
    2 bedrooms$1,176$47,040/yr
    3 bedrooms$1,486$59,440/yr
    4 bedrooms$1,914$76,560/yr

    HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.

    Take-home pay in Grand Island, NE

    Paycheck in Grand Island, NE
    Deductions, kids & local tax

    2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

    Your take-home pay
    $40,512
    per year · effective tax rate 18.0%
    $3,376Monthly
    $1,688Twice a month
    $1,558Every 2 weeks
    $19.48Hourly
    • Federal income tax$3,749
    • Social Security (6.2%)$3,063
    • Medicare (1.45%)$716
    • Nebraska income tax$1,369
    • Take-home pay$40,512

    Marginal rate: 12% federal + 4.55% state

    Highest-paying jobs in Grand Island, NE

    JobMedian salaryTake-homeReal value*
    Registered Nurse$82,590$64,054$73,916
    General and Operations Manager$79,520$62,034$71,585
    Heavy and Tractor-Trailer Truck Driver$60,810$49,154$56,722
    Maintenance and Repair Workers, General$55,740$45,310$52,287
    Cleaner of Vehicles and Equipment$50,320$41,202$47,546
    Inspectors, Testers, Sorters, Samplers, and Weighers$49,740$40,762$47,039
    Bookkeeping, Accounting, and Auditing Clerks$46,610$38,390$44,301
    Secretaries and Administrative Assistants, Except Legal, Medical, and Executive$44,450$36,753$42,412
    Laborers and Freight, Stock, and Material Movers, Hand$44,370$36,692$42,342
    Nursing Assistant$38,880$32,531$37,539
    Stocker and Order Filler$34,650$29,324$33,839
    Retail Salesperson$30,830$26,400$30,465
    Cashier$30,050$25,800$29,773
    Waiter and Waitress$29,840$25,639$29,587
    Fast Food and Counter Worker$29,150$25,109$28,975
    Teaching Assistants, Except Postsecondary$28,080$24,278$28,017

    *In U.S.-average dollars after adjusting for local prices.

    Frequently asked questions

    Is Grand Island, NE expensive to live in?

    According to the Bureau of Economic Analysis, overall prices in the Grand Island, NE metro area are 86.7% of the U.S. average, with housing at 61.7%. It is the #358 most expensive of 387 metro areas we track.

    What salary do you need to live in Grand Island, NE?

    To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $51,994 in Grand Island, NE (before tax differences). The median wage across all jobs here is $49,410.

    How much is rent in Grand Island, NE?

    HUD’s FY2026 fair market rents for Grand Island, NE are $839 for a studio, $948 for one bedroom, $1,176 for two bedrooms and $1,486 for three bedrooms, including utilities.

    All salaries in Grand Island, NE

    Management Occupations

    Educational Instruction and Library Occupations

    Healthcare Practitioners and Technical Occupations

    Healthcare Support Occupations

    Food Preparation and Serving Related Occupations

    Sales and Related Occupations

    Office and Administrative Support Occupations

    Installation, Maintenance, and Repair Occupations

    Production Occupations

    Transportation and Material Moving Occupations

    Other cities in Nebraska

    Nebraska paycheck calculator →