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Broken Bow, NE vs Gibbon, NE

67
Broken Bow
Nebraska
VS
+3.2%
65
Gibbon
Nebraska

Broken Bow, NE and Gibbon, NE have a very similar cost of living, with only a 3.2% difference in their overall index. Broken Bow scores 67 while Gibbon scores 65 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 Broken Bow is $826/month compared to $683/month in Gibbon — a 21% difference. Interestingly, home values tell a different story: while Gibbon has cheaper rent, Broken Bow actually has lower median home values ($124,600 vs $151,700).

Median household income in Broken Bow is $56,438 compared to $69,762 in Gibbon (-19.1%). Gibbon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Broken Bow spend roughly 17.6% of their income on rent, more than the 11.7% in Gibbon.

Climate-wise, both cities share similar average temperatures (50.2°F vs 51.9°F). Gibbon receives more rainfall at 26.4" per year compared to 22.9" in Broken Bow.

Income & Cost

Cost of Living Index
Broken Bow
67
Gibbon
65
3% cheaper
Median Household Income
Broken Bow
$56,438
Gibbon
$69,762
19% higher

Housing

Median Rent
Broken Bow
$826
Gibbon
$683
17% cheaper
Median Home Value
Broken Bow
$124,600
18% cheaper
Gibbon
$151,700
Population
Broken Bow
3,524
Gibbon
1,643

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Broken Bow 50.2°F
Gibbon 51.9°F
Summer High
Broken Bow 87°F
Gibbon 88°F
Winter Low
Broken Bow 15°F
Gibbon 16°F
Rainfall
Broken Bow 22.9"
Gibbon 26.4"
Rainy Days
Broken Bow 93d
Gibbon 91d