Macy, NE vs Wallace, NE
There is a significant gap in the cost of living between these two cities. Wallace is 24.5% cheaper than Macy. With a cost index of 62 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wallace to Macy should plan for substantially higher expenses across most categories.
Renters will find that Macy has a median rent of $677/month while Wallace comes in at $725/month, a 7% difference.
Median household income in Macy is $29,219 compared to $55,625 in Wallace (-47.5%). Wallace offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Macy spend roughly 27.8% of their income on rent, more than the 15.6% in Wallace.
Climate-wise, both cities share similar average temperatures (48.4°F vs 50.2°F). Macy receives more rainfall at 29.3" per year compared to 21.5" in Wallace.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)