Laurel, NE vs Valentine, NE
Laurel, NE and Valentine, NE have a very similar cost of living, with only a 4.7% difference in their overall index. Laurel scores 66 while Valentine scores 69 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 Laurel is $719/month compared to $872/month in Valentine — a 18% difference. Interestingly, home values tell a different story: while Laurel has cheaper rent, Valentine actually has lower median home values ($135,600 vs $152,500).
Median household income in Laurel is $56,250 compared to $53,438 in Valentine (+5.3%). Laurel offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Laurel spend roughly 15.3% of their income on rent, less than the 19.6% in Valentine.
Climate-wise, both cities share similar average temperatures (48.7°F vs 49.1°F). Laurel receives more rainfall at 28.7" per year compared to 20.9" in Valentine.
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Climate
NOAA 30-year normals (1991-2020)