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Mitchell, NE vs Walton, NE

72
Mitchell
Nebraska
VS
-35.8%
112
Walton
Nebraska

The cost of living difference between Mitchell, NE and Walton, NE is dramatic. Mitchell is 35.8% cheaper than Walton, a gap that translates to thousands of dollars per year in household expenses. Mitchell has a cost index of 72 while Walton sits at 112, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Mitchell are $114,900 compared to $491,100 in Walton, a 77% gap.

Median household income in Mitchell is $50,250 compared to $48,725 in Walton (+3.1%). Mitchell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.2°F). Walton receives more rainfall at 32.3" per year compared to 15.7" in Mitchell.

Income & Cost

Cost of Living Index
Mitchell
72
36% cheaper
Walton
112
Median Household Income
Mitchell
$50,250
3% higher
Walton
$48,725

Housing

Median Rent
Mitchell
$1,019
Walton
Median Home Value
Mitchell
$114,900
77% cheaper
Walton
$491,100
Population
Mitchell
1,804
Walton
624

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mitchell
Walton $2.96
US $3.07
🥚
Eggs (grade A, large)
Mitchell
Walton $2.41
US $2.50
🥛
Milk (whole)
Mitchell
Walton $3.89
US $4.03
🍞
Bread (white)
Mitchell
Walton $1.79
US $1.85
🍗
Chicken breast
Mitchell
Walton $4.00
US $4.14
Electricity
Mitchell
Walton $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Mitchell 49.9°F
Walton 51.2°F
Summer High
Mitchell 91°F
Walton 87°F
Winter Low
Mitchell 15°F
Walton 14°F
Rainfall
Mitchell 15.7"
Walton 32.3"
Rainy Days
Mitchell 89d
Walton 111d