Albion, NE vs West Point, NE
Albion, NE and West Point, NE have a very similar cost of living, with only a 0.5% difference in their overall index. Albion scores 71 while West Point scores 72 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 $748/month in West Point — a 2% difference. Interestingly, home values tell a different story: while Albion has cheaper rent, West Point actually has lower median home values ($209,200 vs $210,800).
Median household income in Albion is $70,761 compared to $63,977 in West Point (+10.6%). Albion offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albion spend roughly 12.4% of their income on rent, less than the 14% in West Point.
Climate-wise, both cities share similar average temperatures (49.2°F vs 50.1°F). West Point receives more rainfall at 28.3" per year compared to 27" in Albion.
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Climate
NOAA 30-year normals (1991-2020)