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Economists Salary in Nebraska: Cost of Living Adjusted (2024)

What does a Economists salary really buy you in Nebraska?

Nebraska is 10.2% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$66,690
Median annual (2024)
+11.4%
Real Purchasing Power
$74,265
COL-adjusted (RPP=89.8)

Nebraska Cost of Living Index

Nebraska's Regional Price Parity (RPP) is 89.8, meaning prices are 10.2% lower the national average. A Economists earning $66,690 in Nebraska has the equivalent purchasing power of $74,265 in an average-cost US state.

NE: 89.8
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Nebraska's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $44,120 $49,131 +$5,011
25th Percentile (P25) $53,930 $60,055 +$6,125
Median (P50) $66,690 $74,265 +$7,575
75th Percentile (P75) $86,680 $96,525 +$9,845
90th Percentile (P90) $118,420 $131,870 +$13,450
Key Insight

A Economists in Nebraska earns $66,690 on paper, but low living costs mean your money goes 11% further — like earning $74,265 in an average-cost state. This makes Nebraska one of the best value states for this occupation.

Best States for Economists (After Cost of Living)

Where does Economists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$144,965
RPP 102.1
2. Georgia
$132,797
RPP 95.8
$132,249
RPP 107.6
$131,057
RPP 105.0
5. Ohio
$128,688
RPP 91.5
6. Kansas
$127,888
RPP 90.0
$126,805
RPP 91.1
$120,174
RPP 91.8
$118,651
RPP 94.2
$117,775
RPP 96.2

Nebraska ranks #36 out of 39 states for Economists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Economists in Nebraska after cost of living?

A Economists in Nebraska earns a median salary of $66,690 per year. After adjusting for Nebraska's cost of living (RPP=89.8), the real purchasing power is $74,265 — a +11.4% difference.

Is Nebraska expensive to live in?

Nebraska's cost of living is 10.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Nebraska is 89.8 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Economists in Nebraska: $66,690 x (100 / 89.8) = $74,265. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Economists in Nebraska financially?

From a purchasing power perspective, yes. A Economists in Nebraska enjoys 11.4% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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