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Elm Creek, NE vs Valentine, NE

71
Elm Creek
Nebraska
VS
+2.7%
69
Valentine
Nebraska

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.

Income & Cost

Cost of Living Index
Elm Creek
71
Valentine
69
3% cheaper
Median Household Income
Elm Creek
$75,625
29% higher
Valentine
$53,438

Housing

Median Rent
Elm Creek
$767
12% cheaper
Valentine
$872
Median Home Value
Elm Creek
$197,100
Valentine
$135,600
31% cheaper
Population
Elm Creek
1,146
Valentine
2,632

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elm Creek 51.9°F
Valentine 49.1°F
Summer High
Elm Creek 88°F
Valentine 90°F
Winter Low
Elm Creek 16°F
Valentine 11°F
Rainfall
Elm Creek 26.4"
Valentine 20.9"
Rainy Days
Elm Creek 91d
Valentine 91d