Nelson, NE vs Ravenna, NE
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.
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Housing
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Climate
NOAA 30-year normals (1991-2020)