Elgin, NE vs Funk, NE
There is a significant gap in the cost of living between these two cities. Elgin is 29% cheaper than Funk. With a cost index of 60 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elgin to Funk should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Elgin are $98,000 compared to $160,200 in Funk, a 39% gap.
Median household income in Elgin is $53,661 compared to $79,000 in Funk (-32.1%). While Funk is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, both cities share similar average temperatures (49.2°F vs 51.9°F). Elgin receives more rainfall at 27" per year compared to 26.4" in Funk.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)