Albion, NE vs Bassett, NE
There is a significant gap in the cost of living between these two cities. Bassett is 23.7% cheaper than Albion. With a cost index of 58 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bassett to Albion should plan for substantially higher expenses across most categories.
On the housing front, median rent in Albion is $731/month compared to $624/month in Bassett — a 17% difference. Home values follow the same pattern: Bassett is more affordable at $83,800 median vs $210,800.
Median household income in Albion is $70,761 compared to $42,125 in Bassett (+68%). 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 17.8% in Bassett.
Climate-wise, both cities share similar average temperatures (49.2°F vs 49.1°F). Albion receives more rainfall at 27" per year compared to 20.9" in Bassett.
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Climate
NOAA 30-year normals (1991-2020)