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Fairbury, NE vs Ravenna, NE

60
Fairbury
Nebraska
VS
-15.4%
70
Ravenna
Nebraska

There is a significant gap in the cost of living between these two cities. Fairbury is 15.4% cheaper than Ravenna. With a cost index of 60 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairbury to Ravenna should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairbury is $666/month compared to $917/month in Ravenna — a 27% difference. Home values follow the same pattern: Fairbury is more affordable at $90,800 median vs $129,600.

Median household income in Fairbury is $51,782 compared to $64,844 in Ravenna (-20.1%). While Ravenna is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairbury spend roughly 15.4% of their income on rent, less than the 17% in Ravenna.

Climate-wise, both cities share similar average temperatures (51.5°F vs 51.8°F). Fairbury receives more rainfall at 29.5" per year compared to 26.6" in Ravenna.

Income & Cost

Cost of Living Index
Fairbury
60
15% cheaper
Ravenna
70
Median Household Income
Fairbury
$51,782
Ravenna
$64,844
20% higher

Housing

Median Rent
Fairbury
$666
27% cheaper
Ravenna
$917
Median Home Value
Fairbury
$90,800
30% cheaper
Ravenna
$129,600
Population
Fairbury
3,905
Ravenna
1,352

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fairbury 51.5°F
Ravenna 51.8°F
Summer High
Fairbury 87°F
Ravenna 88°F
Winter Low
Fairbury 15°F
Ravenna 16°F
Rainfall
Fairbury 29.5"
Ravenna 26.6"
Rainy Days
Fairbury 100d
Ravenna 90d