Crete, NE vs Valley, NE
The cost of living difference between Crete, NE and Valley, NE is dramatic. Crete is 30% cheaper than Valley, a gap that translates to thousands of dollars per year in household expenses. Crete has a cost index of 75 while Valley sits at 107, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.
On the housing front, median rent in Crete is $846/month compared to $1,053/month in Valley — a 20% difference. Home values follow the same pattern: Crete is more affordable at $203,900 median vs $515,100.
Median household income in Crete is $76,258 compared to $106,750 in Valley (-28.6%). The higher salaries in Valley partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Crete spend roughly 13.3% of their income on rent, more than the 11.8% in Valley.
Climate-wise, both cities share similar average temperatures (51.5°F vs 52.4°F). Valley receives more rainfall at 31.9" per year compared to 29.5" in Crete.
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Climate
NOAA 30-year normals (1991-2020)