Bennet, NE vs Malcolm, NE
There is a significant gap in the cost of living between these two cities. Malcolm is 16.1% cheaper than Bennet. With a cost index of 79 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Malcolm to Bennet should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bennet is $1,277/month compared to $893/month in Malcolm — a 43% difference. Home values follow the same pattern: Malcolm is more affordable at $239,800 median vs $252,400.
Median household income in Bennet is $100,417 compared to $84,712 in Malcolm (+18.5%). While Bennet is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bennet spend roughly 15.3% of their income on rent, more than the 12.6% in Malcolm.
Climate-wise, both cities share similar average temperatures (51.2°F vs 52.3°F). Bennet receives more rainfall at 32.3" per year compared to 29.3" in Malcolm.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)