Bayard, NE vs Exeter, NE
There is a significant gap in the cost of living between these two cities. Bayard is 17.4% cheaper than Exeter. With a cost index of 57 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bayard to Exeter should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bayard is $553/month compared to $954/month in Exeter — a 42% difference. Interestingly, home values tell a different story: while Bayard has cheaper rent, Exeter actually has lower median home values ($106,800 vs $107,900).
Median household income in Bayard is $61,818 compared to $63,000 in Exeter (-1.9%). Exeter does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bayard spend roughly 10.7% of their income on rent, less than the 18.2% in Exeter.
Climate-wise, both cities share similar average temperatures (49.9°F vs 51.5°F). Exeter receives more rainfall at 29.5" per year compared to 15.7" in Bayard.
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Housing
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Climate
NOAA 30-year normals (1991-2020)