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Big Springs, NE vs Farnam, NE

59
Big Springs
Nebraska
VS
-0.1%
59
Farnam
Nebraska

Big Springs, NE and Farnam, NE have a very similar cost of living, with only a 0.1% difference in their overall index. Big Springs scores 59 while Farnam scores 59 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Big Springs is $644/month compared to $708/month in Farnam — a 9% difference. Interestingly, home values tell a different story: while Big Springs has cheaper rent, Farnam actually has lower median home values ($72,100 vs $94,900).

Median household income in Big Springs is $63,750 compared to $46,500 in Farnam (+37.1%). Big Springs offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Big Springs spend roughly 12.1% of their income on rent, less than the 18.3% in Farnam.

Climate-wise, both cities share similar average temperatures (51.3°F vs 49.9°F). Farnam receives more rainfall at 21.1" per year compared to 17.5" in Big Springs.

Income & Cost

Cost of Living Index
Big Springs
59
Farnam
59
Median Household Income
Big Springs
$63,750
27% higher
Farnam
$46,500

Housing

Median Rent
Big Springs
$644
9% cheaper
Farnam
$708
Median Home Value
Big Springs
$94,900
Farnam
$72,100
24% cheaper
Population
Big Springs
479
Farnam
169

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Big Springs 51.3°F
Farnam 49.9°F
Summer High
Big Springs 91°F
Farnam 90°F
Winter Low
Big Springs 16°F
Farnam 12°F
Rainfall
Big Springs 17.5"
Farnam 21.1"
Rainy Days
Big Springs 81d
Farnam 88d