Farnam, NE vs Hampton, NE

There is a significant gap in the cost of living between these two cities. Farnam is 18.5% cheaper than Hampton. 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 Hampton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farnam is $708/month compared to $875/month in Hampton — a 19% difference. Home values follow the same pattern: Farnam is more affordable at $72,100 median vs $174,500.

Median household income in Farnam is $46,500 compared to $80,208 in Hampton (-42%). While Hampton 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 Hampton.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.8°F). Hampton receives more rainfall at 26.6" per year compared to 21.1" in Farnam.