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Elk Creek, NE vs Lyman, NE

68
Elk Creek
Nebraska
VS
+11.5%
61
Lyman
Nebraska

Lyman is moderately more affordable than Elk Creek, with a 11.5% lower cost of living index. Elk Creek scores 68 compared to 61 for Lyman, where the US average is 100. This difference means residents of Elk Creek can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Elk Creek has a median rent of $358/month while Lyman comes in at $792/month, a 55% difference.

Median household income in Elk Creek is $55,227 compared to $52,621 in Lyman (+5%). Elk Creek does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Elk Creek spend roughly 7.8% of their income on rent, less than the 18.1% in Lyman.

Climate-wise, Elk Creek is notably warmer with an average of 53.1°F compared to 49.1°F in Lyman. Elk Creek receives more rainfall at 34.7" per year compared to 12.8" in Lyman.

Income & Cost

Cost of Living Index
Elk Creek
68
Lyman
61
10% cheaper
Median Household Income
Elk Creek
$55,227
5% higher
Lyman
$52,621

Housing

Median Rent
Elk Creek
$358
55% cheaper
Lyman
$792
Median Home Value
Elk Creek
Lyman
$59,100
Population
Elk Creek
129
Lyman
366

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elk Creek 53.1°F
Lyman 49.1°F
Summer High
Elk Creek 88°F
Lyman 90°F
Winter Low
Elk Creek 17°F
Lyman 16°F
Rainfall
Elk Creek 34.7"
Lyman 12.8"
Rainy Days
Elk Creek 95d
Lyman 81d