Grafton, IA vs Nemaha, IA

Grafton is moderately more affordable than Nemaha, with a 8.3% lower cost of living index. Grafton scores 59 compared to 65 for Nemaha, where the US average is 100. This difference means residents of Nemaha can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grafton is $655/month compared to $913/month in Nemaha — a 28% difference. Interestingly, home values tell a different story: while Grafton has cheaper rent, Nemaha actually has lower median home values ($65,000 vs $94,600).

Median household income in Grafton is $52,188 compared to $55,000 in Nemaha (-5.1%). The higher salaries in Nemaha partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Grafton spend roughly 15.1% of their income on rent, less than the 19.9% in Nemaha.