Chalco, NE vs Waverly, NE

Chalco, NE and Waverly, NE have a very similar cost of living, with only a 1.4% difference in their overall index. Chalco scores 84 while Waverly scores 85 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 Chalco is $1,103/month compared to $972/month in Waverly — a 14% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, Chalco actually has lower median home values ($224,400 vs $290,000).

Median household income in Chalco is $81,427 compared to $110,000 in Waverly (-26%). While Waverly 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, more than the 10.6% in Waverly.

Climate-wise, both cities share similar average temperatures (52.4°F vs 51.2°F). Waverly receives more rainfall at 32.3" per year compared to 31.9" in Chalco.