Franklin, NE vs Kimball, NE
There is a significant gap in the cost of living between these two cities. Franklin is 17.7% cheaper than Kimball. With a cost index of 54 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Kimball should plan for substantially higher expenses across most categories.
On the housing front, median rent in Franklin is $492/month compared to $847/month in Kimball — a 42% difference. Home values follow the same pattern: Franklin is more affordable at $93,800 median vs $105,700.
Median household income in Franklin is $51,121 compared to $57,153 in Kimball (-10.6%). The higher salaries in Kimball partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Franklin spend roughly 11.5% of their income on rent, less than the 17.8% in Kimball.
Climate-wise, Franklin is notably warmer with an average of 51.9°F compared to 48.5°F in Kimball. Franklin receives more rainfall at 26.4" per year compared to 15.8" in Kimball.
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Housing
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Climate
NOAA 30-year normals (1991-2020)