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Bancroft, NE vs Gordon, NE

65
Bancroft
Nebraska
VS
+8.1%
60
Gordon
Nebraska

Gordon is moderately more affordable than Bancroft, with a 8.1% lower cost of living index. Bancroft scores 65 compared to 60 for Gordon, where the US average is 100. This difference means residents of Bancroft can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bancroft is $851/month compared to $679/month in Gordon — a 25% difference. Interestingly, home values tell a different story: while Gordon has cheaper rent, Bancroft actually has lower median home values ($89,300 vs $93,300).

Median household income in Bancroft is $46,563 compared to $58,906 in Gordon (-21%). Gordon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bancroft spend roughly 21.9% of their income on rent, more than the 13.8% in Gordon.

Climate-wise, both cities share similar average temperatures (50.1°F vs 47.8°F). Bancroft receives more rainfall at 28.3" per year compared to 16.6" in Gordon.

Income & Cost

Cost of Living Index
Bancroft
65
Gordon
60
8% cheaper
Median Household Income
Bancroft
$46,563
Gordon
$58,906
21% higher

Housing

Median Rent
Bancroft
$851
Gordon
$679
20% cheaper
Median Home Value
Bancroft
$89,300
4% cheaper
Gordon
$93,300
Population
Bancroft
590
Gordon
1,646

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Bancroft 50.1°F
Gordon 47.8°F
Summer High
Bancroft 87°F
Gordon 89°F
Winter Low
Bancroft 12°F
Gordon 12°F
Rainfall
Bancroft 28.3"
Gordon 16.6"
Rainy Days
Bancroft 104d
Gordon 91d