Chalco, NE vs North Platte, NE
There is a significant gap in the cost of living between these two cities. North Platte is 17.5% cheaper than Chalco. With a cost index of 72 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from North Platte to Chalco should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chalco is $1,103/month compared to $882/month in North Platte — a 25% difference. Home values follow the same pattern: North Platte is more affordable at $159,500 median vs $224,400.
Median household income in Chalco is $81,427 compared to $57,805 in North Platte (+40.9%). While Chalco is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chalco spend roughly 16.3% of their income on rent, less than the 18.3% in North Platte.
Climate-wise, both cities share similar average temperatures (52.4°F vs 49.9°F). Chalco receives more rainfall at 31.9" per year compared to 21.1" in North Platte.
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NOAA 30-year normals (1991-2020)