Alma, NE vs Central City, NE

Central City is moderately more affordable than Alma, with a 8.8% lower cost of living index. Alma scores 71 compared to 66 for Central City, where the US average is 100. This difference means residents of Alma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alma is $875/month compared to $729/month in Central City — a 20% difference. Interestingly, home values tell a different story: while Central City has cheaper rent, Alma actually has lower median home values ($158,200 vs $158,300).

Median household income in Alma is $68,333 compared to $62,012 in Central City (+10.2%). 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 Alma spend roughly 15.4% of their income on rent, more than the 14.1% in Central City.

Climate-wise, both cities share similar average temperatures (53.9°F vs 51.8°F). Central City receives more rainfall at 26.6" per year compared to 21.5" in Alma.