Exeter, NE vs Farnam, NE
There is a significant gap in the cost of living between these two cities. Farnam is 17.4% cheaper than Exeter. With a cost index of 59 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farnam to Exeter should plan for substantially higher expenses across most categories.
On the housing front, median rent in Exeter is $954/month compared to $708/month in Farnam — a 35% difference. Home values follow the same pattern: Farnam is more affordable at $72,100 median vs $106,800.
Median household income in Exeter is $63,000 compared to $46,500 in Farnam (+35.5%). While Exeter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Exeter spend roughly 18.2% of their income on rent, less than the 18.3% in Farnam.
Climate-wise, both cities share similar average temperatures (51.5°F vs 49.9°F). Exeter receives more rainfall at 29.5" per year compared to 21.1" in Farnam.
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Climate
NOAA 30-year normals (1991-2020)