Colon, NE vs Spalding, NE

Spalding is moderately more affordable than Colon, with a 6.3% lower cost of living index. Colon scores 63 compared to 59 for Spalding, where the US average is 100. This difference means residents of Colon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colon is $625/month compared to $655/month in Spalding — a 5% difference. Interestingly, home values tell a different story: while Colon has cheaper rent, Spalding actually has lower median home values ($92,200 vs $142,700).

Median household income in Colon is $60,625 compared to $54,250 in Spalding (+11.8%). While Colon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colon spend roughly 12.4% of their income on rent, less than the 14.5% in Spalding.

Climate-wise, both cities share similar average temperatures (51.2°F vs 49°F). Colon receives more rainfall at 32.3" per year compared to 23.8" in Spalding.