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Falls City, NE vs Oakland, NE

61
Falls City
Nebraska
VS
-5.1%
64
Oakland
Nebraska

Falls City is moderately more affordable than Oakland, with a 5.1% lower cost of living index. Falls City scores 61 compared to 64 for Oakland, where the US average is 100. This difference means residents of Oakland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Falls City is $713/month compared to $663/month in Oakland — a 8% difference. Interestingly, home values tell a different story: while Oakland has cheaper rent, Falls City actually has lower median home values ($91,900 vs $150,600).

Median household income in Falls City is $45,750 compared to $66,202 in Oakland (-30.9%). While Oakland 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 12% in Oakland.

Climate-wise, Falls City is notably warmer with an average of 53.1°F compared to 50.1°F in Oakland. Falls City receives more rainfall at 34.7" per year compared to 28.3" in Oakland.

Income & Cost

Cost of Living Index
Falls City
61
5% cheaper
Oakland
64
Median Household Income
Falls City
$45,750
Oakland
$66,202
31% higher

Housing

Median Rent
Falls City
$713
Oakland
$663
7% cheaper
Median Home Value
Falls City
$91,900
39% cheaper
Oakland
$150,600
Population
Falls City
4,099
Oakland
1,572

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Falls City 53.1°F
Oakland 50.1°F
Summer High
Falls City 88°F
Oakland 87°F
Winter Low
Falls City 17°F
Oakland 12°F
Rainfall
Falls City 34.7"
Oakland 28.3"
Rainy Days
Falls City 95d
Oakland 104d