Lexington, NE vs Waverly, NE
There is a significant gap in the cost of living between these two cities. Lexington is 15.1% cheaper than Waverly. With a cost index of 73 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lexington to Waverly should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lexington is $921/month compared to $972/month in Waverly — a 5% difference. Home values follow the same pattern: Lexington is more affordable at $155,200 median vs $290,000.
Median household income in Lexington is $62,364 compared to $110,000 in Waverly (-43.3%). While Waverly 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, more than the 10.6% in Waverly.
Climate-wise, both cities share similar average temperatures (50.2°F vs 51.2°F). Waverly receives more rainfall at 32.3" per year compared to 22.9" in Lexington.
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