Tags: Retirement | retirement | Nebraska | cost of living

Retirement Cost of Living in Nebraska

By    |   Tuesday, 09 Jun 2015 01:59 AM

Retirement in Nebraska one day is something that many people hope to attain; however, monetary concerns can make planning for retirement intimidating.  In order to gauge how much money is necessary to have a comfortable life in retirement, cost-of-living expenses must be taken into account before seniors decide where to settle.

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There are various cities and towns across the United States that are retirement-friendly when it comes to being affordable and desirable places to live. For this reason, a vast number of people do not move off to Florida or other tropical locations, but choose less populous placea like Nebraska instead. Nebraska is one of the states that have a cost of living expense that is lower than the national average and it is very friendly state too.

The retirement cost of living in Nebraska is exceptionally low compared to many other states. Besides having a lower than average cost of living, there are many other things that Nebraskans can boast about when it comes to this glorious state. Although the weather can sometimes be unpredictable and colder in the winter than other popular retiree hot spots, retirement in Nebraska is something that many residents would never want to change. According to data obtained from Sperling's Best Places and CNN Money there are popular locations where both couples and individuals decide to spend their golden years when retiring in Nebraska.

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  1. Omaha
 -  Omaha makes its home on the western banks of the Missouri River, and it is one of the largest cities in Nebraska. According to Sperling's, the 412,689 residents of Omaha enjoy a cost of living that is 11.90 percent below the national average.
  2. Lincoln - 
Not a lot of cities are able to maintain a low cost of living rating. However, Lincoln is one of three cities that have been able to do this consistently in the past. Lincoln, along with Omaha and Hastings all had a community cost of living composite that was under 89.6 from the national average index of 100.0. The annual cost of living index was 9.40 percent lower than the national average.
  3. Hastings
 - With a cost of living expense that is 17.80 percent lower than the national average, Hastings is a pretty attractive choice for those planning on spending their retirement in Nebraska. In 2012, the average renter could expect to pay $614 per month, and not much has changed since then. As of 2014, the population count was 24,960, which is also an attractive number for many retirees wanting to make Nebraska their new home.
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Retirement in Nebraska one day is something that many people hope to attain; however, monetary concerns can make planning for retirement intimidating.
retirement, Nebraska, cost of living
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2015-59-09
Tuesday, 09 Jun 2015 01:59 AM
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