Benkelman, NE vs Milford, NE

There is a significant gap in the cost of living between these two cities. Benkelman is 27.4% cheaper than Milford. With a cost index of 56 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benkelman to Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Benkelman is $580/month compared to $892/month in Milford — a 35% difference. Home values follow the same pattern: Benkelman is more affordable at $84,800 median vs $225,200.

Median household income in Benkelman is $42,500 compared to $80,997 in Milford (-47.5%). While Milford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benkelman spend roughly 16.4% of their income on rent, more than the 13.2% in Milford.

Climate-wise, both cities share similar average temperatures (51.3°F vs 51.5°F). Milford receives more rainfall at 29.5" per year compared to 17.5" in Benkelman.