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Albion, NE vs Hay Springs, NE

71
Albion
Nebraska
VS
+18.1%
60
Hay Springs
Nebraska

There is a significant gap in the cost of living between these two cities. Hay Springs is 18.1% 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 Hay Springs to Albion should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albion is $731/month compared to $692/month in Hay Springs — a 6% difference. Home values follow the same pattern: Hay Springs is more affordable at $91,900 median vs $210,800.

Median household income in Albion is $70,761 compared to $45,833 in Hay Springs (+54.4%). 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 18.1% in Hay Springs.

Climate-wise, both cities share similar average temperatures (49.2°F vs 48.3°F). Albion receives more rainfall at 27" per year compared to 15.2" in Hay Springs.

Income & Cost

Cost of Living Index
Albion
71
Hay Springs
60
15% cheaper
Median Household Income
Albion
$70,761
35% higher
Hay Springs
$45,833

Housing

Median Rent
Albion
$731
Hay Springs
$692
5% cheaper
Median Home Value
Albion
$210,800
Hay Springs
$91,900
56% cheaper
Population
Albion
1,733
Hay Springs
659

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Albion 49.2°F
Hay Springs 48.3°F
Summer High
Albion 86°F
Hay Springs 91°F
Winter Low
Albion 12°F
Hay Springs 13°F
Rainfall
Albion 27"
Hay Springs 15.2"
Rainy Days
Albion 98d
Hay Springs 77d