Palisade, NE vs Waterloo, NE

There is a significant gap in the cost of living between these two cities. Palisade is 29.4% cheaper than Waterloo. With a cost index of 60 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palisade to Waterloo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Palisade is $738/month compared to $1,125/month in Waterloo — a 34% difference. Home values follow the same pattern: Palisade is more affordable at $65,000 median vs $218,400.

Median household income in Palisade is $57,159 compared to $75,417 in Waterloo (-24.2%). The higher salaries in Waterloo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Palisade spend roughly 15.5% of their income on rent, less than the 17.9% in Waterloo.

Climate-wise, both cities share similar average temperatures (50.2°F vs 52.4°F). Waterloo receives more rainfall at 31.9" per year compared to 21.5" in Palisade.