Big Springs, NE is a small city located in Nebraska offering an affordable cost of living compared to the national average. The average two bedroom rent in Big Springs is $900 whereas it is $1,430 nationally. Additionally, the grocery cost index in Big Springs is 96 while it is 100 nationally which makes life even more affordable for locals. Big Springs boasts various popular businesses such as Walmart, McDonalds, and Target that offer quality products at competitive prices. Furthermore, Big Springs also has several smaller local companies like Big Spring Auto Repair providing excellent services at lower costs than their competitors. All these factors make Big Springs a great place to live with a low cost of living as well as plenty of activities and services to enjoy.
Big Springs has an unemployment rate of 2.1%. The US average is 6.0%.
Big Springs has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 14.0%, which is lower than the US average of 33.5%.
Tax Rates for Big Springs
- The Sales Tax Rate for Big Springs is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Big Springs 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 Big Springs
- The average income of a Big Springs resident is $25,268 a year. The US average is $28,555 a year.
- The Median household income of a Big Springs resident is $52,857 a year. The US average is $69,021 a year.