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O'Neill, NE vs Ravenna, NE

64
O'Neill
Nebraska
VS
-8.7%
70
Ravenna
Nebraska

O'Neill is moderately more affordable than Ravenna, with a 8.7% lower cost of living index. O'Neill scores 64 compared to 70 for Ravenna, where the US average is 100. This difference means residents of Ravenna can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in O'Neill is $712/month compared to $917/month in Ravenna — a 22% difference. Interestingly, home values tell a different story: while O'Neill has cheaper rent, Ravenna actually has lower median home values ($129,600 vs $130,900).

Median household income in O'Neill is $66,458 compared to $64,844 in Ravenna (+2.5%). O'Neill offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of O'Neill spend roughly 12.9% of their income on rent, less than the 17% in Ravenna.

Climate-wise, both cities share similar average temperatures (49°F vs 51.8°F). Ravenna receives more rainfall at 26.6" per year compared to 23.8" in O'Neill.

Income & Cost

Cost of Living Index
O'Neill
64
9% cheaper
Ravenna
70
Median Household Income
O'Neill
$66,458
2% higher
Ravenna
$64,844

Housing

Median Rent
O'Neill
$712
22% cheaper
Ravenna
$917
Median Home Value
O'Neill
$130,900
Ravenna
$129,600
1% cheaper
Population
O'Neill
3,574
Ravenna
1,352

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
O'Neill 49°F
Ravenna 51.8°F
Summer High
O'Neill 87°F
Ravenna 88°F
Winter Low
O'Neill 12°F
Ravenna 16°F
Rainfall
O'Neill 23.8"
Ravenna 26.6"
Rainy Days
O'Neill 91d
Ravenna 90d