Cambridge, NE vs Lyman, NE

Cambridge, NE and Lyman, NE have a very similar cost of living, with only a 3.1% difference in their overall index. Cambridge scores 63 while Lyman scores 61 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 Cambridge is $731/month compared to $792/month in Lyman — a 8% difference. Interestingly, home values tell a different story: while Cambridge has cheaper rent, Lyman actually has lower median home values ($59,100 vs $104,800).

Median household income in Cambridge is $60,066 compared to $52,621 in Lyman (+14.1%). While Cambridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambridge spend roughly 14.6% of their income on rent, less than the 18.1% in Lyman.

Climate-wise, Cambridge is notably warmer with an average of 52.2°F compared to 49.1°F in Lyman. Cambridge receives more rainfall at 20.1" per year compared to 12.8" in Lyman.