Alma, NE vs West Point, NE
Alma, NE and West Point, NE have a very similar cost of living, with only a 0.5% difference in their overall index. Alma scores 71 while West Point scores 72 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 $748/month in West Point — a 17% difference. Interestingly, home values tell a different story: while West Point has cheaper rent, Alma actually has lower median home values ($158,200 vs $209,200).
Median household income in Alma is $68,333 compared to $63,977 in West Point (+6.8%). Alma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alma spend roughly 15.4% of their income on rent, more than the 14% in West Point.
Climate-wise, Alma is notably warmer with an average of 53.9°F compared to 50.1°F in West Point. West Point receives more rainfall at 28.3" per year compared to 21.5" in Alma.
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Climate
NOAA 30-year normals (1991-2020)