Falls City, NE vs Lexington, NE
There is a significant gap in the cost of living between these two cities. Falls City is 15.8% cheaper than Lexington. With a cost index of 61 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Falls City to Lexington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Falls City is $713/month compared to $921/month in Lexington — a 23% difference. Home values follow the same pattern: Falls City is more affordable at $91,900 median vs $155,200.
Median household income in Falls City is $45,750 compared to $62,364 in Lexington (-26.6%). While Lexington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falls City spend roughly 18.7% of their income on rent, more than the 17.7% in Lexington.
Climate-wise, both cities share similar average temperatures (53.1°F vs 50.2°F). Falls City receives more rainfall at 34.7" per year compared to 22.9" in Lexington.
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Climate
NOAA 30-year normals (1991-2020)