Clearwater, NE vs Overton, NE

Clearwater, NE and Overton, NE have a very similar cost of living, with only a 3.6% difference in their overall index. Clearwater scores 62 while Overton scores 64 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 Clearwater is $788/month compared to $783/month in Overton — a 1% difference. Interestingly, home values tell a different story: while Overton has cheaper rent, Clearwater actually has lower median home values ($77,500 vs $107,600).

Median household income in Clearwater is $61,667 compared to $56,625 in Overton (+8.9%). Clearwater offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clearwater spend roughly 15.3% of their income on rent, less than the 16.6% in Overton.

Climate-wise, both cities share similar average temperatures (49.2°F vs 50.2°F). Clearwater receives more rainfall at 27" per year compared to 22.9" in Overton.