Imperial, NE vs Laurel, NE
There is a significant gap in the cost of living between these two cities. Laurel is 18% cheaper than Imperial. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Laurel to Imperial should plan for substantially higher expenses across most categories.
On the housing front, median rent in Imperial is $1,046/month compared to $719/month in Laurel — a 46% difference. Home values follow the same pattern: Laurel is more affordable at $152,500 median vs $176,700.
Median household income in Imperial is $71,667 compared to $56,250 in Laurel (+27.4%). While Imperial is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Imperial spend roughly 17.5% of their income on rent, more than the 15.3% in Laurel.
Climate-wise, both cities share similar average temperatures (51.3°F vs 48.7°F). Laurel receives more rainfall at 28.7" per year compared to 17.5" in Imperial.
Income & Cost
Housing
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Climate
NOAA 30-year normals (1991-2020)