Franklin, NE vs Geneva, NE
There is a significant gap in the cost of living between these two cities. Franklin is 18.6% cheaper than Geneva. With a cost index of 54 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Geneva should plan for substantially higher expenses across most categories.
On the housing front, median rent in Franklin is $492/month compared to $731/month in Geneva — a 33% difference. Home values follow the same pattern: Franklin is more affordable at $93,800 median vs $156,900.
Median household income in Franklin is $51,121 compared to $79,750 in Geneva (-35.9%). While Geneva is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Franklin spend roughly 11.5% of their income on rent, more than the 11% in Geneva.
Climate-wise, both cities share similar average temperatures (51.9°F vs 51.5°F). Geneva receives more rainfall at 29.5" per year compared to 26.4" in Franklin.
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Climate
NOAA 30-year normals (1991-2020)