Alma, NE vs Gothenburg, NE

Alma, NE and Gothenburg, NE have a very similar cost of living, with only a 0.2% difference in their overall index. Alma scores 71 while Gothenburg scores 71 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 Alma is $875/month compared to $838/month in Gothenburg — a 4% difference. Interestingly, home values tell a different story: while Gothenburg has cheaper rent, Alma actually has lower median home values ($158,200 vs $173,200).

Median household income in Alma is $68,333 compared to $79,519 in Gothenburg (-14.1%). While Gothenburg 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 12.6% in Gothenburg.

Climate-wise, Alma is notably warmer with an average of 53.9°F compared to 49.9°F in Gothenburg. Alma receives more rainfall at 21.5" per year compared to 21.1" in Gothenburg.