Genoa, NE vs Hallam, NE
There is a significant gap in the cost of living between these two cities. Genoa is 21.5% cheaper than Hallam. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Genoa to Hallam should plan for substantially higher expenses across most categories.
On the housing front, median rent in Genoa is $794/month compared to $983/month in Hallam — a 19% difference. Home values follow the same pattern: Genoa is more affordable at $114,400 median vs $259,600.
Median household income in Genoa is $62,604 compared to $96,250 in Hallam (-35%). While Hallam is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Genoa spend roughly 15.2% of their income on rent, more than the 12.3% in Hallam.
Climate-wise, both cities share similar average temperatures (49.2°F vs 51.5°F). Hallam receives more rainfall at 29.5" per year compared to 27" in Genoa.
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Climate
NOAA 30-year normals (1991-2020)