Nelson, NE vs Venango, NE
There is a significant gap in the cost of living between these two cities. Nelson is 26% cheaper than Venango. With a cost index of 57 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nelson to Venango should plan for substantially higher expenses across most categories.
On the housing front, median rent in Nelson is $620/month compared to $1,321/month in Venango — a 53% difference. Interestingly, home values tell a different story: while Nelson has cheaper rent, Venango actually has lower median home values ($56,400 vs $72,900).
Median household income in Nelson is $54,408 compared to $70,313 in Venango (-22.6%). The higher salaries in Venango 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 22.5% in Venango.
Climate-wise, both cities share similar average temperatures (51.9°F vs 51.3°F). Nelson receives more rainfall at 26.4" per year compared to 17.5" in Venango.
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Housing
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Climate
NOAA 30-year normals (1991-2020)