Gering, NE vs Holdrege, NE

Gering, NE and Holdrege, NE have a very similar cost of living, with only a 4% difference in their overall index. Gering scores 71 while Holdrege scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Gering is $818/month compared to $740/month in Holdrege — a 11% difference. Home values follow the same pattern: Holdrege is more affordable at $166,600 median vs $170,700.

Median household income in Gering is $70,244 compared to $55,263 in Holdrege (+27.1%). While Gering is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gering spend roughly 14% of their income on rent, less than the 16.1% in Holdrege.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.9°F). Holdrege receives more rainfall at 26.4" per year compared to 15.7" in Gering.