Albion, NE vs Fairbury, NE
There is a significant gap in the cost of living between these two cities. Fairbury is 19.8% cheaper than Albion. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairbury to Albion should plan for substantially higher expenses across most categories.
On the housing front, median rent in Albion is $731/month compared to $666/month in Fairbury — a 10% difference. Home values follow the same pattern: Fairbury is more affordable at $90,800 median vs $210,800.
Median household income in Albion is $70,761 compared to $51,782 in Fairbury (+36.7%). 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 15.4% in Fairbury.
Climate-wise, both cities share similar average temperatures (49.2°F vs 51.5°F). Fairbury receives more rainfall at 29.5" per year compared to 27" in Albion.
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Housing
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Climate
NOAA 30-year normals (1991-2020)