Elgin, NE vs Lawrence, NE
There is a significant gap in the cost of living between these two cities. Elgin is 23.1% cheaper than Lawrence. With a cost index of 60 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elgin to Lawrence should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Elgin are $98,000 compared to $81,300 in Lawrence, a 21% gap.
Median household income in Elgin is $53,661 compared to $72,500 in Lawrence (-26%). While Lawrence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, both cities share similar average temperatures (49.2°F vs 51.9°F). Elgin receives more rainfall at 27" per year compared to 26.4" in Lawrence.
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Housing
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Climate
NOAA 30-year normals (1991-2020)