Executive Financial Report: Ellsworth (69340)
Navigating the local economic landscape in Ellsworth (69340) reveals an average baseline monthly cost of living of approximately $3,149 for single individuals. This comprehensive benchmark reflects essential housing, food, tax, and healthcare commitments.
With typical rent and housing utilities averaging an affordable $484 per month—just 15% of baseline expenses—Ellsworth offers exceptionally competitive housing costs compared to wider metropolitan averages across Nebraska.
Local earnings in Ellsworth (69340) demonstrate strong purchasing power. The area median family income of $61,272 significantly exceeds the annual baseline living threshold ($37,789.526) by a ratio of 1.62x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
On the expenditure side, groceries and essential nutrition require approximately $276 per month in Ellsworth. Direct tax liabilities consume an estimated $486 monthly (15% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Ellsworth (69340) presents a distinct economic profile within Sheridan. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.