States › Nebraska › Gering

Is Gering, NE expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$91048% lower than U.S. average
💵 Families earn per year (2026)$80,988about $6,749/month · 7% lower than U.S. average
🔑 House price$186,50044% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 15.1 minutes.

How much money do I need?

To rent here comfortably, you should earn about $36,400 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Nebraska cities?

Yes. Rent here is cheaper than in most of Nebraska. It is number 4 of 34 cities from cheapest to most expensive.

Gering
$910
York
$1,037
Alliance
$1,103
Gretna
$1,703
Blair
$1,136
Seward
$1,260
Crete
$1,035

How much do households earn in Gering?

Under $25k
14.7%
$25k–50k
21.3%
$50k–100k
39.9%
$100k–150k
16.3%
$150k+
5.7%

Share of households by yearly income. 22.0% of households earn $100,000 or more.

Rent by apartment size in Gering

SizeGeringU.S. average
1 bedroom$588$1,324
2 bedrooms$959$1,509
3 bedrooms$1,055$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Gering overall?

Everyday prices in Nebraska overall are 10% below the U.S. average (index 90.1, U.S. = 100).

Housing
75
Goods (food, clothes…)
94
Utilities
76
Other services
93
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Gering, so the Nebraska figure is shown.

Taxes and bills in Gering

🏛️ Property tax$2,955a year · 1.58% of home value · U.S. $3,119
⚡ Electric bill$181a month (typical) · U.S. $156

Life in Gering

Commute to work15.1 minU.S.: 26.4 min
College degree32.6%U.S.: 35.7%
Own their home72.3%U.S.: 65.2%
Below poverty line12.4%U.S.: 12.5%
Unemployment0.6%U.S.: 5.2%

Is it cheaper to rent or buy in Gering?

Renting is cheaper right now: about $384 a month less.

Renting
$910
Owning
$1,294

Owning assumes a typical $186,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,650 for the down payment.

Frequently asked questions

What is the average rent in Gering, NE?

Renting in Gering costs a median of about $910 a month in 2026, including utilities. The Nebraska median is $1,096.

How much do I need to make to live in Gering?

To keep rent under 30% of income, you need about $36,400 a year, or $18 an hour at a full-time job.

Is Gering cheap or expensive?

Gering is rated Cheap: rent takes 13.5% of the typical household income of $80,988. It ranks 4th cheapest of 34 Nebraska cities we track.

How much are property taxes in Gering?

The median homeowner in Gering pays $2,955 a year in property taxes, about 1.58% of the median home value.

Is Gering more expensive than the national average?

Overall prices in Nebraska are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Gering?

The median home value in Gering is $186,500, about 2.3 times the typical yearly household income.

8,550 people live in Gering. Numbers are typical (middle) values.