Talmage, NE vs Valparaiso, NE

Valparaiso is moderately more affordable than Talmage, with a 5.9% lower cost of living index. Talmage scores 74 compared to 70 for Valparaiso, where the US average is 100. This difference means residents of Talmage can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Talmage is $1,264/month compared to $735/month in Valparaiso — a 72% difference. Interestingly, home values tell a different story: while Valparaiso has cheaper rent, Talmage actually has lower median home values ($51,700 vs $190,500).

Median household income in Talmage is $60,000 compared to $72,750 in Valparaiso (-17.5%). Valparaiso offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Talmage spend roughly 25.3% of their income on rent, more than the 12.1% in Valparaiso.

Climate-wise, both cities share similar average temperatures (51.2°F vs 52.3°F). Talmage receives more rainfall at 32.3" per year compared to 29.3" in Valparaiso.