Broken Bow, NE vs Gibbon, NE
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.
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Climate
NOAA 30-year normals (1991-2020)