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Beaver City, NE vs Farnam, NE

55
Beaver City
Nebraska
VS
-6.5%
59
Farnam
Nebraska

Beaver City is moderately more affordable than Farnam, with a 6.5% lower cost of living index. Beaver City scores 55 compared to 59 for Farnam, where the US average is 100. This difference means residents of Farnam can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beaver City is $600/month compared to $708/month in Farnam — a 15% difference. Home values follow the same pattern: Beaver City is more affordable at $65,300 median vs $72,100.

Median household income in Beaver City is $40,625 compared to $46,500 in Farnam (-12.6%). While Farnam is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaver City spend roughly 17.7% of their income on rent, less than the 18.3% in Farnam.

Climate-wise, both cities share similar average temperatures (52.2°F vs 49.9°F). Farnam receives more rainfall at 21.1" per year compared to 20.1" in Beaver City.

Income & Cost

Cost of Living Index
Beaver City
55
6% cheaper
Farnam
59
Median Household Income
Beaver City
$40,625
Farnam
$46,500
13% higher

Housing

Median Rent
Beaver City
$600
15% cheaper
Farnam
$708
Median Home Value
Beaver City
$65,300
9% cheaper
Farnam
$72,100
Population
Beaver City
494
Farnam
169

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Beaver City 52.2°F
Farnam 49.9°F
Summer High
Beaver City 91°F
Farnam 90°F
Winter Low
Beaver City 16°F
Farnam 12°F
Rainfall
Beaver City 20.1"
Farnam 21.1"
Rainy Days
Beaver City 79d
Farnam 88d