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Franklin, NE vs Valentine, NE

54
Franklin
Nebraska
VS
-21.5%
69
Valentine
Nebraska

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.

Income & Cost

Cost of Living Index
Franklin
54
22% cheaper
Valentine
69
Median Household Income
Franklin
$51,121
Valentine
$53,438
4% higher

Housing

Median Rent
Franklin
$492
44% cheaper
Valentine
$872
Median Home Value
Franklin
$93,800
31% cheaper
Valentine
$135,600
Population
Franklin
908
Valentine
2,632

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Franklin 51.9°F
Valentine 49.1°F
Summer High
Franklin 88°F
Valentine 90°F
Winter Low
Franklin 16°F
Valentine 11°F
Rainfall
Franklin 26.4"
Valentine 20.9"
Rainy Days
Franklin 91d
Valentine 91d