Farnam, NE vs Giltner, NE
There is a significant gap in the cost of living between these two cities. Farnam is 18.3% cheaper than Giltner. With a cost index of 59 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farnam to Giltner should plan for substantially higher expenses across most categories.
On the housing front, median rent in Farnam is $708/month compared to $825/month in Giltner — a 14% difference. Home values follow the same pattern: Farnam is more affordable at $72,100 median vs $191,100.
Median household income in Farnam is $46,500 compared to $75,833 in Giltner (-38.7%). While Giltner is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farnam spend roughly 18.3% of their income on rent, more than the 13.1% in Giltner.
Climate-wise, both cities share similar average temperatures (49.9°F vs 51.8°F). Giltner receives more rainfall at 26.6" per year compared to 21.1" in Farnam.
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Climate
NOAA 30-year normals (1991-2020)