Elm Creek, NE vs Gothenburg, NE

Elm Creek, NE and Gothenburg, NE have a very similar cost of living, with only a 0.3% difference in their overall index. Elm Creek scores 71 while Gothenburg scores 71 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.

On the housing front, median rent in Elm Creek is $767/month compared to $838/month in Gothenburg — a 9% difference. Interestingly, home values tell a different story: while Elm Creek has cheaper rent, Gothenburg actually has lower median home values ($173,200 vs $197,100).

Median household income in Elm Creek is $75,625 compared to $79,519 in Gothenburg (-4.9%). While Gothenburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elm Creek spend roughly 12.2% of their income on rent, less than the 12.6% in Gothenburg.

Climate-wise, both cities share similar average temperatures (51.9°F vs 49.9°F). Elm Creek receives more rainfall at 26.4" per year compared to 21.1" in Gothenburg.