Ravenna, NE vs Valley, NE
The cost of living difference between Ravenna, NE and Valley, NE is dramatic. Ravenna is 34% cheaper than Valley, a gap that translates to thousands of dollars per year in household expenses. Ravenna has a cost index of 70 while Valley sits at 107, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.
On the housing front, median rent in Ravenna is $917/month compared to $1,053/month in Valley — a 13% difference. Home values follow the same pattern: Ravenna is more affordable at $129,600 median vs $515,100.
Median household income in Ravenna is $64,844 compared to $106,750 in Valley (-39.3%). While Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ravenna spend roughly 17% of their income on rent, more than the 11.8% in Valley.
Climate-wise, both cities share similar average temperatures (51.8°F vs 52.4°F). Valley receives more rainfall at 31.9" per year compared to 26.6" in Ravenna.
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Climate
NOAA 30-year normals (1991-2020)