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Indianola, NE vs Ravenna, NE

58
Indianola
Nebraska
VS
-17.1%
70
Ravenna
Nebraska

There is a significant gap in the cost of living between these two cities. Indianola is 17.1% cheaper than Ravenna. With a cost index of 58 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Indianola to Ravenna should plan for substantially higher expenses across most categories.

On the housing front, median rent in Indianola is $639/month compared to $917/month in Ravenna — a 30% difference. Home values follow the same pattern: Indianola is more affordable at $85,500 median vs $129,600.

Median household income in Indianola is $49,615 compared to $64,844 in Ravenna (-23.5%). While Ravenna is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Indianola spend roughly 15.5% of their income on rent, less than the 17% in Ravenna.

Climate-wise, both cities share similar average temperatures (52.2°F vs 51.8°F). Ravenna receives more rainfall at 26.6" per year compared to 20.1" in Indianola.

Income & Cost

Cost of Living Index
Indianola
58
17% cheaper
Ravenna
70
Median Household Income
Indianola
$49,615
Ravenna
$64,844
23% higher

Housing

Median Rent
Indianola
$639
30% cheaper
Ravenna
$917
Median Home Value
Indianola
$85,500
34% cheaper
Ravenna
$129,600
Population
Indianola
460
Ravenna
1,352

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Indianola 52.2°F
Ravenna 51.8°F
Summer High
Indianola 91°F
Ravenna 88°F
Winter Low
Indianola 16°F
Ravenna 16°F
Rainfall
Indianola 20.1"
Ravenna 26.6"
Rainy Days
Indianola 79d
Ravenna 90d