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Riverton, NE vs Wallace, NE

84
Riverton
Nebraska
VS
+35.7%
62
Wallace
Nebraska

The cost of living difference between Riverton, NE and Wallace, NE is dramatic. Wallace is 35.7% cheaper than Riverton, a gap that translates to thousands of dollars per year in household expenses. Riverton has a cost index of 84 while Wallace sits at 62, 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.

Renters will find that Riverton has a median rent of $908/month while Wallace comes in at $725/month, a 25% difference.

Median household income in Riverton is $44,792 compared to $55,625 in Wallace (-19.5%). Wallace offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Riverton spend roughly 24.3% of their income on rent, more than the 15.6% in Wallace.

Climate-wise, both cities share similar average temperatures (51.9°F vs 50.2°F). Riverton receives more rainfall at 26.4" per year compared to 21.5" in Wallace.

Income & Cost

Cost of Living Index
Riverton
84
Wallace
62
26% cheaper
Median Household Income
Riverton
$44,792
Wallace
$55,625
19% higher

Housing

Median Rent
Riverton
$908
Wallace
$725
20% cheaper
Median Home Value
Riverton
Wallace
$101,500
Population
Riverton
93
Wallace
272

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Riverton 51.9°F
Wallace 50.2°F
Summer High
Riverton 88°F
Wallace 89°F
Winter Low
Riverton 16°F
Wallace 15°F
Rainfall
Riverton 26.4"
Wallace 21.5"
Rainy Days
Riverton 91d
Wallace 77d