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Indianola, NE vs Wakefield, NE

58
Indianola
Nebraska
VS
-10.9%
65
Wakefield
Nebraska

Indianola is moderately more affordable than Wakefield, with a 10.9% lower cost of living index. Indianola scores 58 compared to 65 for Wakefield, where the US average is 100. This difference means residents of Wakefield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Indianola is $639/month compared to $808/month in Wakefield — a 21% difference. Home values follow the same pattern: Indianola is more affordable at $85,500 median vs $110,300.

Median household income in Indianola is $49,615 compared to $57,500 in Wakefield (-13.7%). While Wakefield 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 16.9% in Wakefield.

Climate-wise, Indianola is notably warmer with an average of 52.2°F compared to 48.4°F in Wakefield. Wakefield receives more rainfall at 29.3" per year compared to 20.1" in Indianola.

Income & Cost

Cost of Living Index
Indianola
58
11% cheaper
Wakefield
65
Median Household Income
Indianola
$49,615
Wakefield
$57,500
14% higher

Housing

Median Rent
Indianola
$639
21% cheaper
Wakefield
$808
Median Home Value
Indianola
$85,500
22% cheaper
Wakefield
$110,300
Population
Indianola
460
Wakefield
1,288

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Indianola 52.2°F
Wakefield 48.4°F
Summer High
Indianola 91°F
Wakefield 85°F
Winter Low
Indianola 16°F
Wakefield 10°F
Rainfall
Indianola 20.1"
Wakefield 29.3"
Rainy Days
Indianola 79d
Wakefield 102d