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Valley, NE vs Wakefield, NE

107
Valley
Nebraska
VS
+62.9%
65
Wakefield
Nebraska

The cost of living difference between Valley, NE and Wakefield, NE is dramatic. Wakefield is 62.9% cheaper than Valley, a gap that translates to thousands of dollars per year in household expenses. Valley has a cost index of 107 while Wakefield sits at 65, 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 Valley is $1,053/month compared to $808/month in Wakefield — a 30% difference. Home values follow the same pattern: Wakefield is more affordable at $110,300 median vs $515,100.

Median household income in Valley is $106,750 compared to $57,500 in Wakefield (+85.7%). 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 Valley spend roughly 11.8% of their income on rent, less than the 16.9% in Wakefield.

Climate-wise, Valley is notably warmer with an average of 52.4°F compared to 48.4°F in Wakefield. Valley receives more rainfall at 31.9" per year compared to 29.3" in Wakefield.

Income & Cost

Cost of Living Index
Valley
107
Wakefield
65
39% cheaper
Median Household Income
Valley
$106,750
46% higher
Wakefield
$57,500

Housing

Median Rent
Valley
$1,053
Wakefield
$808
23% cheaper
Median Home Value
Valley
$515,100
Wakefield
$110,300
79% cheaper
Population
Valley
3,113
Wakefield
1,288

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Valley $2.96
Wakefield
US $3.07
🥚
Eggs (grade A, large)
Valley $2.41
Wakefield
US $2.50
🥛
Milk (whole)
Valley $3.89
Wakefield
US $4.03
🍞
Bread (white)
Valley $1.79
Wakefield
US $1.85
🍗
Chicken breast
Valley $4.00
Wakefield
US $4.14
Electricity
Valley $0.15
Wakefield
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Valley 52.4°F
Wakefield 48.4°F
Summer High
Valley 88°F
Wakefield 85°F
Winter Low
Valley 15°F
Wakefield 10°F
Rainfall
Valley 31.9"
Wakefield 29.3"
Rainy Days
Valley 103d
Wakefield 102d