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Craig, NE vs Homer, NE

79
Craig
Nebraska
VS
+24.6%
63
Homer
Nebraska

There is a significant gap in the cost of living between these two cities. Homer is 24.6% cheaper than Craig. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Homer to Craig should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Craig are $76,400 compared to $140,300 in Homer, a 46% gap.

Median household income in Craig is $48,750 compared to $88,125 in Homer (-44.7%). Homer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (50.1°F vs 48.4°F). Homer receives more rainfall at 29.3" per year compared to 28.3" in Craig.

Income & Cost

Cost of Living Index
Craig
79
Homer
63
20% cheaper
Median Household Income
Craig
$48,750
Homer
$88,125
45% higher

Housing

Median Rent
Craig
Homer
$683
Median Home Value
Craig
$76,400
46% cheaper
Homer
$140,300
Population
Craig
139
Homer
392

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Craig $2.96
Homer $2.97
US $3.07
🥚
Eggs (grade A, large)
Craig $2.41
Homer $2.42
US $2.50
🥛
Milk (whole)
Craig $3.89
Homer $3.89
US $4.03
🍞
Bread (white)
Craig $1.79
Homer $1.79
US $1.85
🍗
Chicken breast
Craig $4.00
Homer $4.01
US $4.14
Electricity
Craig $0.15
Homer $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Craig 50.1°F
Homer 48.4°F
Summer High
Craig 87°F
Homer 85°F
Winter Low
Craig 12°F
Homer 10°F
Rainfall
Craig 28.3"
Homer 29.3"
Rainy Days
Craig 104d
Homer 102d