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Albion, NE vs Callaway, NE

71
Albion
Nebraska
VS
+14.1%
63
Callaway
Nebraska

Callaway is moderately more affordable than Albion, with a 14.1% lower cost of living index. Albion scores 71 compared to 63 for Callaway, where the US average is 100. This difference means residents of Albion can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albion is $731/month compared to $585/month in Callaway — a 25% difference. Home values follow the same pattern: Callaway is more affordable at $157,600 median vs $210,800.

Median household income in Albion is $70,761 compared to $50,938 in Callaway (+38.9%). 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 13.8% in Callaway.

Climate-wise, both cities share similar average temperatures (49.2°F vs 50.2°F). Albion receives more rainfall at 27" per year compared to 22.9" in Callaway.

Income & Cost

Cost of Living Index
Albion
71
Callaway
63
12% cheaper
Median Household Income
Albion
$70,761
28% higher
Callaway
$50,938

Housing

Median Rent
Albion
$731
Callaway
$585
20% cheaper
Median Home Value
Albion
$210,800
Callaway
$157,600
25% cheaper
Population
Albion
1,733
Callaway
608

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Albion 49.2°F
Callaway 50.2°F
Summer High
Albion 86°F
Callaway 87°F
Winter Low
Albion 12°F
Callaway 15°F
Rainfall
Albion 27"
Callaway 22.9"
Rainy Days
Albion 98d
Callaway 93d