Peru, NE vs Pierce, NE
There is a significant gap in the cost of living between these two cities. Peru is 24.3% cheaper than Pierce. With a cost index of 54 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peru to Pierce should plan for substantially higher expenses across most categories.
On the housing front, median rent in Peru is $504/month compared to $883/month in Pierce — a 43% difference. Home values follow the same pattern: Peru is more affordable at $85,900 median vs $157,600.
Median household income in Peru is $41,875 compared to $64,167 in Pierce (-34.7%). While Pierce is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Peru spend roughly 14.4% of their income on rent, less than the 16.5% in Pierce.
Climate-wise, Peru is notably warmer with an average of 53.1°F compared to 49.2°F in Pierce. Peru receives more rainfall at 34.7" per year compared to 27" in Pierce.
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Climate
NOAA 30-year normals (1991-2020)