Cost of Living in Bellevue
Bellevue's cost-of-living picture centers on genuinely substantial housing affordability -- Zillow's cited ~$302,154 average home value runs roughly 22%-29% below the cited 2026 national median -- alongside Nebraska's real, current 2026 income-tax cut, a genuinely high property tax burden, and among the nation's most expensive homeowners insurance.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreHousing Runs Genuinely, Substantially More Affordable
As detailed on the housing-market and renting topic pages, Zillow's cited average home value ran approximately $302,154 (up ~2.8% YoY), roughly 22%-29% below the cited 2026 national median sale price of approximately $408,776. RentCafe's cited average rent across all apartment types ran approximately $1,425/month.
Nebraska's 2026 Income Tax Cut Runs Genuinely Substantial
As detailed on the taxes topic page, Nebraska's top marginal income tax rate dropped to 4.55% for 2026 (from 5.20% in 2025), with a further scheduled cut to 3.99% in 2027. Nebraska also fully exempts Social Security and military retirement income -- real, significant benefits for the area's substantial veteran and retiree population.
Property Tax Runs Genuinely High, With a Disclosed Cross-Source Spread
As detailed on the property-taxes topic page, Sarpy County's own effective property tax rate runs among Nebraska's highest -- SmartAsset cited approximately 1.69% (Nebraska's second-highest county), while Ownwell cited a Bellevue-specific figure of approximately 1.95%, a real, disclosed spread this record does not silently resolve.
Homeowners Insurance Runs Genuinely Expensive Statewide
As detailed on the homeowners-insurance topic page, Nebraska cited among the 5 most expensive U.S. states for homeowners insurance, with statewide average citations ranging from approximately $4,785 to $6,277/year -- roughly double to two-and-a-half-times a cited national average, driven substantially by real Tornado-Alley/Hail-Alley risk.
Bellevue's Combined Sales Tax Runs Moderate
Bellevue's combined sales tax rate reaches 7% (Nebraska's 5.5% state rate plus a 1.5% local rate) -- a moderate rate nationally, and Nebraska imposes no annual motor vehicle property tax, using a one-time registration-based tax instead.
Key takeaways
- Zillow's cited Bellevue average home value ran approximately $302,154, roughly 22%-29% below the cited 2026 national median (~$408,776) -- a real, substantial advantage.
- Nebraska's 2026 top income tax rate dropped to 4.55% (from 5.20% in 2025), with Social Security and military retirement income both fully exempt.
- Sarpy County's effective property tax rate (~1.69%-1.95% depending on source) runs among Nebraska's highest -- confirm a specific property's bill directly.
- Nebraska ranks among the 5 most expensive U.S. states for homeowners insurance, running roughly double to 2.5x a cited national average.
- Bellevue's combined sales tax rate (7%) runs moderate nationally, and Nebraska imposes no annual motor vehicle property tax.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Bellevue overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert