Loomis, NE vs Smithfield, NE
There is a significant gap in the cost of living between these two cities. Loomis is 16.9% cheaper than Smithfield. With a cost index of 72 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loomis to Smithfield should plan for substantially higher expenses across most categories.
Renters will find that Loomis has a median rent of $950/month while Smithfield comes in at $963/month, a 1% difference.
Median household income in Loomis is $71,750 compared to $49,583 in Smithfield (+44.7%). Loomis offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Loomis spend roughly 15.9% of their income on rent, less than the 23.3% in Smithfield.
Climate-wise, both cities share similar average temperatures (51.9°F vs 52.2°F). Loomis receives more rainfall at 26.4" per year compared to 20.1" in Smithfield.
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Climate
NOAA 30-year normals (1991-2020)