Gothenburg, NE vs Ravenna, NE

Gothenburg, NE and Ravenna, NE have a very similar cost of living, with only a 1.7% difference in their overall index. Gothenburg scores 71 while Ravenna scores 70 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 Gothenburg is $838/month compared to $917/month in Ravenna — a 9% difference. Interestingly, home values tell a different story: while Gothenburg has cheaper rent, Ravenna actually has lower median home values ($129,600 vs $173,200).

Median household income in Gothenburg is $79,519 compared to $64,844 in Ravenna (+22.6%). While Gothenburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gothenburg spend roughly 12.6% of their income on rent, less than the 17% in Ravenna.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.8°F). Ravenna receives more rainfall at 26.6" per year compared to 21.1" in Gothenburg.