Albion, NE vs Alda, NE
Albion, NE and Alda, NE have a very similar cost of living, with only a 1.6% difference in their overall index. Albion scores 71 while Alda scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Albion is $731/month compared to $1,075/month in Alda — a 32% difference. Interestingly, home values tell a different story: while Albion has cheaper rent, Alda actually has lower median home values ($86,500 vs $210,800).
Median household income in Albion is $70,761 compared to $50,000 in Alda (+41.5%). While Albion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albion spend roughly 12.4% of their income on rent, less than the 25.8% in Alda.
Climate-wise, both cities share similar average temperatures (49.2°F vs 51.8°F). Albion receives more rainfall at 27" per year compared to 26.6" in Alda.
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Climate
NOAA 30-year normals (1991-2020)