Bayard, NE vs Firth, NE
There is a significant gap in the cost of living between these two cities. Bayard is 29.4% cheaper than Firth. With a cost index of 57 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bayard to Firth should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bayard is $553/month compared to $1,013/month in Firth — a 45% difference. Home values follow the same pattern: Bayard is more affordable at $107,900 median vs $226,100.
Median household income in Bayard is $61,818 compared to $89,044 in Firth (-30.6%). While Firth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bayard spend roughly 10.7% of their income on rent, less than the 13.7% in Firth.
Climate-wise, both cities share similar average temperatures (49.9°F vs 51.5°F). Firth receives more rainfall at 29.5" per year compared to 15.7" in Bayard.
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Climate
NOAA 30-year normals (1991-2020)