Benedict, NE vs Waterloo, NE

There is a significant gap in the cost of living between these two cities. Benedict is 28% cheaper than Waterloo. With a cost index of 61 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benedict to Waterloo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Benedict is $700/month compared to $1,125/month in Waterloo — a 38% difference. Home values follow the same pattern: Benedict is more affordable at $94,100 median vs $218,400.

Median household income in Benedict is $60,938 compared to $75,417 in Waterloo (-19.2%). The higher salaries in Waterloo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Benedict spend roughly 13.8% of their income on rent, less than the 17.9% in Waterloo.

Climate-wise, both cities share similar average temperatures (51.8°F vs 52.4°F). Waterloo receives more rainfall at 31.9" per year compared to 26.6" in Benedict.