Creighton, NE vs Malcolm, NE
There is a significant gap in the cost of living between these two cities. Creighton is 20.7% cheaper than Malcolm. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Creighton to Malcolm should plan for substantially higher expenses across most categories.
On the housing front, median rent in Creighton is $732/month compared to $893/month in Malcolm — a 18% difference. Home values follow the same pattern: Creighton is more affordable at $103,700 median vs $239,800.
Median household income in Creighton is $53,167 compared to $84,712 in Malcolm (-37.2%). While Malcolm is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Creighton spend roughly 16.5% of their income on rent, more than the 12.6% in Malcolm.
Climate-wise, Malcolm is notably warmer with an average of 52.3°F compared to 48.7°F in Creighton. Malcolm receives more rainfall at 29.3" per year compared to 28.7" in Creighton.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)