Creston, NE vs Malcolm, NE

Creston, NE and Malcolm, NE have a very similar cost of living, with only a 3.8% difference in their overall index. Creston scores 82 while Malcolm scores 79 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.

Renters will find that Creston has a median rent of $825/month while Malcolm comes in at $893/month, a 8% difference.

Median household income in Creston is $49,722 compared to $84,712 in Malcolm (-41.3%). Malcolm offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Creston spend roughly 19.9% 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 49.2°F in Creston. Malcolm receives more rainfall at 29.3" per year compared to 27" in Creston.