Malcolm, NE vs Plainview, NE
There is a significant gap in the cost of living between these two cities. Plainview is 23.7% cheaper than Malcolm. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Plainview to Malcolm should plan for substantially higher expenses across most categories.
On the housing front, median rent in Malcolm is $893/month compared to $818/month in Plainview — a 9% difference. Home values follow the same pattern: Plainview is more affordable at $86,900 median vs $239,800.
Median household income in Malcolm is $84,712 compared to $56,100 in Plainview (+51%). While Malcolm is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malcolm spend roughly 12.6% of their income on rent, less than the 17.5% in Plainview.
Climate-wise, Malcolm is notably warmer with an average of 52.3°F compared to 49.2°F in Plainview. Malcolm receives more rainfall at 29.3" per year compared to 27" in Plainview.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)