Elm Creek, NE vs Valentine, NE
Elm Creek, NE and Valentine, NE have a very similar cost of living, with only a 2.7% difference in their overall index. Elm Creek scores 71 while Valentine scores 69 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 $872/month in Valentine — a 12% difference. Interestingly, home values tell a different story: while Elm Creek has cheaper rent, Valentine actually has lower median home values ($135,600 vs $197,100).
Median household income in Elm Creek is $75,625 compared to $53,438 in Valentine (+41.5%). While Elm Creek 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 19.6% in Valentine.
Climate-wise, both cities share similar average temperatures (51.9°F vs 49.1°F). Elm Creek receives more rainfall at 26.4" per year compared to 20.9" in Valentine.
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Housing
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Climate
NOAA 30-year normals (1991-2020)