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Nelson, NE vs Ravenna, NE

57
Nelson
Nebraska
VS
-19.4%
70
Ravenna
Nebraska

There is a significant gap in the cost of living between these two cities. Nelson is 19.4% cheaper than Ravenna. With a cost index of 57 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nelson to Ravenna should plan for substantially higher expenses across most categories.

On the housing front, median rent in Nelson is $620/month compared to $917/month in Ravenna — a 32% difference. Home values follow the same pattern: Nelson is more affordable at $72,900 median vs $129,600.

Median household income in Nelson is $54,408 compared to $64,844 in Ravenna (-16.1%). The higher salaries in Ravenna partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Nelson spend roughly 13.7% of their income on rent, less than the 17% in Ravenna.

Climate-wise, both cities share similar average temperatures (51.9°F vs 51.8°F). Ravenna receives more rainfall at 26.6" per year compared to 26.4" in Nelson.

Income & Cost

Cost of Living Index
Nelson
57
19% cheaper
Ravenna
70
Median Household Income
Nelson
$54,408
Ravenna
$64,844
16% higher

Housing

Median Rent
Nelson
$620
32% cheaper
Ravenna
$917
Median Home Value
Nelson
$72,900
44% cheaper
Ravenna
$129,600
Population
Nelson
478
Ravenna
1,352

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Nelson 51.9°F
Ravenna 51.8°F
Summer High
Nelson 88°F
Ravenna 88°F
Winter Low
Nelson 16°F
Ravenna 16°F
Rainfall
Nelson 26.4"
Ravenna 26.6"
Rainy Days
Nelson 91d
Ravenna 90d