Farwell, NE vs Gilead, NE

Farwell, NE and Gilead, NE have a very similar cost of living, with only a 1.8% difference in their overall index. Farwell scores 75 while Gilead scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Farwell are $55,000 compared to $55,000 in Gilead, a 0% gap.

Median household income in Farwell is $58,125 compared to $65,313 in Gilead (-11%). While Gilead 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 (51.8°F vs 54.1°F). Gilead receives more rainfall at 28.4" per year compared to 26.6" in Farwell.