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Falls City, NE vs Gibbon, NE

61
Falls City
Nebraska
VS
-6.1%
65
Gibbon
Nebraska

Falls City is moderately more affordable than Gibbon, with a 6.1% lower cost of living index. Falls City scores 61 compared to 65 for Gibbon, where the US average is 100. This difference means residents of Gibbon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Falls City is $713/month compared to $683/month in Gibbon — a 4% difference. Interestingly, home values tell a different story: while Gibbon has cheaper rent, Falls City actually has lower median home values ($91,900 vs $151,700).

Median household income in Falls City is $45,750 compared to $69,762 in Gibbon (-34.4%). While Gibbon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falls City spend roughly 18.7% of their income on rent, more than the 11.7% in Gibbon.

Climate-wise, both cities share similar average temperatures (53.1°F vs 51.9°F). Falls City receives more rainfall at 34.7" per year compared to 26.4" in Gibbon.

Income & Cost

Cost of Living Index
Falls City
61
6% cheaper
Gibbon
65
Median Household Income
Falls City
$45,750
Gibbon
$69,762
34% higher

Housing

Median Rent
Falls City
$713
Gibbon
$683
4% cheaper
Median Home Value
Falls City
$91,900
39% cheaper
Gibbon
$151,700
Population
Falls City
4,099
Gibbon
1,643

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Falls City 53.1°F
Gibbon 51.9°F
Summer High
Falls City 88°F
Gibbon 88°F
Winter Low
Falls City 17°F
Gibbon 16°F
Rainfall
Falls City 34.7"
Gibbon 26.4"
Rainy Days
Falls City 95d
Gibbon 91d