Franklin, NE vs Valentine, NE
There is a significant gap in the cost of living between these two cities. Franklin is 21.5% cheaper than Valentine. With a cost index of 54 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Franklin to Valentine should plan for substantially higher expenses across most categories.
On the housing front, median rent in Franklin is $492/month compared to $872/month in Valentine — a 44% difference. Home values follow the same pattern: Franklin is more affordable at $93,800 median vs $135,600.
Median household income in Franklin is $51,121 compared to $53,438 in Valentine (-4.3%). Valentine does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Franklin spend roughly 11.5% of their income on rent, less than the 19.6% in Valentine.
Climate-wise, both cities share similar average temperatures (51.9°F vs 49.1°F). Franklin receives more rainfall at 26.4" per year compared to 20.9" in Valentine.
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Climate
NOAA 30-year normals (1991-2020)