Alma, NE vs Palmer, NE

Palmer is moderately more affordable than Alma, with a 13.7% lower cost of living index. Alma scores 71 compared to 63 for Palmer, 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 $785/month in Palmer — a 12% difference. Home values follow the same pattern: Palmer is more affordable at $102,900 median vs $158,200.

Median household income in Alma is $68,333 compared to $54,861 in Palmer (+24.6%). 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, less than the 17.2% in Palmer.

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