Ogallala, Nebraska is an affordable city with a low cost of living. The average two-bedroom rent in Ogallala is approximately $810, much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Ogallala is 98 versus 100 in the US. Local businesses such as Walmart and Apple Market can be used to compare prices when considering the cost of living in Ogallala. Other local establishments like Cattlemen’s Steakhouse or Ski's Food Town are also excellent places for comparison shopping.
Ogallala has an unemployment rate of 2.2%. The US average is 6.0%.
Ogallala has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.
Tax Rates for Ogallala
- The Sales Tax Rate for Ogallala is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ogallala is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ogallala
- The average income of a Ogallala resident is $24,659 a year. The US average is $28,555 a year.
- The Median household income of a Ogallala resident is $47,892 a year. The US average is $69,021 a year.