Allen, NE vs Alma, NE
There is a significant gap in the cost of living between these two cities. Allen is 15.4% cheaper than Alma. With a cost index of 60 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Allen to Alma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Allen is $638/month compared to $875/month in Alma — a 27% difference. Home values follow the same pattern: Allen is more affordable at $111,600 median vs $158,200.
Median household income in Allen is $53,125 compared to $68,333 in Alma (-22.3%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Allen spend roughly 14.4% of their income on rent, less than the 15.4% in Alma.
Climate-wise, Alma is notably warmer with an average of 53.9°F compared to 48.4°F in Allen. Allen receives more rainfall at 29.3" per year compared to 21.5" in Alma.
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Housing
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Climate
NOAA 30-year normals (1991-2020)