Elsie, NE vs Spalding, NE
Elsie, NE and Spalding, NE have a very similar cost of living, with only a 4.6% difference in their overall index. Elsie scores 57 while Spalding scores 59 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 Elsie is $625/month compared to $655/month in Spalding — a 5% difference. Home values follow the same pattern: Elsie is more affordable at $70,000 median vs $92,200.
Median household income in Elsie is $42,500 compared to $54,250 in Spalding (-21.7%). While Spalding is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elsie spend roughly 17.6% of their income on rent, more than the 14.5% in Spalding.
Climate-wise, both cities share similar average temperatures (51.3°F vs 49°F). Spalding receives more rainfall at 23.8" per year compared to 17.5" in Elsie.
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Climate
NOAA 30-year normals (1991-2020)