Chadron, NE vs Lexington, NE

Chadron, NE and Lexington, NE have a very similar cost of living, with only a 4.9% difference in their overall index. Chadron scores 76 while Lexington scores 73 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 Chadron is $1,044/month compared to $921/month in Lexington — a 13% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Chadron actually has lower median home values ($153,300 vs $155,200).

Median household income in Chadron is $54,026 compared to $62,364 in Lexington (-13.4%). Lexington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chadron spend roughly 23.2% of their income on rent, more than the 17.7% in Lexington.

Climate-wise, both cities share similar average temperatures (48.3°F vs 50.2°F). Lexington receives more rainfall at 22.9" per year compared to 15.2" in Chadron.