Bancroft, NE vs Hebron, NE
Bancroft, NE and Hebron, NE have a very similar cost of living, with only a 0.9% difference in their overall index. Bancroft scores 65 while Hebron scores 64 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 Bancroft is $851/month compared to $756/month in Hebron — a 13% difference. Interestingly, home values tell a different story: while Hebron has cheaper rent, Bancroft actually has lower median home values ($89,300 vs $117,400).
Median household income in Bancroft is $46,563 compared to $61,207 in Hebron (-23.9%). Hebron 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 14.8% in Hebron.
Climate-wise, Hebron is notably warmer with an average of 54.1°F compared to 50.1°F in Bancroft. Hebron receives more rainfall at 28.4" per year compared to 28.3" in Bancroft.
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Housing
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Climate
NOAA 30-year normals (1991-2020)