Lexington, NE vs North Platte, NE

Lexington, NE and North Platte, NE have a very similar cost of living, with only a 1.2% difference in their overall index. Lexington scores 73 while North Platte scores 72 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 Lexington is $921/month compared to $882/month in North Platte — a 4% difference. Interestingly, home values tell a different story: while North Platte has cheaper rent, Lexington actually has lower median home values ($155,200 vs $159,500).

Median household income in Lexington is $62,364 compared to $57,805 in North Platte (+7.9%). While Lexington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lexington spend roughly 17.7% of their income on rent, less than the 18.3% in North Platte.

Climate-wise, both cities share similar average temperatures (50.2°F vs 49.9°F). Lexington receives more rainfall at 22.9" per year compared to 21.1" in North Platte.