Alma, NE vs Hildreth, NE
There is a significant gap in the cost of living between these two cities. Hildreth is 16.6% cheaper than Alma. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hildreth to Alma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Alma is $875/month compared to $640/month in Hildreth — a 37% difference. Home values follow the same pattern: Hildreth is more affordable at $121,400 median vs $158,200.
Median household income in Alma is $68,333 compared to $57,500 in Hildreth (+18.8%). 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 13.4% in Hildreth.
Climate-wise, both cities share similar average temperatures (53.9°F vs 51.9°F). Hildreth receives more rainfall at 26.4" per year compared to 21.5" in Alma.
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Climate
NOAA 30-year normals (1991-2020)