Spencer, NE vs Walthill, NE
Spencer, NE and Walthill, NE have a very similar cost of living, with only a 0.6% difference in their overall index. Spencer scores 60 while Walthill scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Spencer is $683/month compared to $797/month in Walthill — a 14% difference. Interestingly, home values tell a different story: while Spencer has cheaper rent, Walthill actually has lower median home values ($48,000 vs $85,800).
Median household income in Spencer is $55,469 compared to $63,702 in Walthill (-12.9%). While Walthill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Spencer spend roughly 14.8% of their income on rent, less than the 15% in Walthill.
Climate-wise, both cities share similar average temperatures (48.7°F vs 48.4°F). Walthill receives more rainfall at 29.3" per year compared to 28.7" in Spencer.
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Climate
NOAA 30-year normals (1991-2020)