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Gering, NE vs O'Neill, NE

71
Gering
Nebraska
VS
+10.1%
64
O'Neill
Nebraska

O'Neill is moderately more affordable than Gering, with a 10.1% lower cost of living index. Gering scores 71 compared to 64 for O'Neill, where the US average is 100. This difference means residents of Gering can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gering is $818/month compared to $712/month in O'Neill — a 15% difference. Home values follow the same pattern: O'Neill is more affordable at $130,900 median vs $170,700.

Median household income in Gering is $70,244 compared to $66,458 in O'Neill (+5.7%). The higher salaries in Gering partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gering spend roughly 14% of their income on rent, more than the 12.9% in O'Neill.

Climate-wise, both cities share similar average temperatures (49.9°F vs 49°F). O'Neill receives more rainfall at 23.8" per year compared to 15.7" in Gering.

Income & Cost

Cost of Living Index
Gering
71
O'Neill
64
9% cheaper
Median Household Income
Gering
$70,244
5% higher
O'Neill
$66,458

Housing

Median Rent
Gering
$818
O'Neill
$712
13% cheaper
Median Home Value
Gering
$170,700
O'Neill
$130,900
23% cheaper
Population
Gering
8,567
O'Neill
3,574

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Gering 49.9°F
O'Neill 49°F
Summer High
Gering 91°F
O'Neill 87°F
Winter Low
Gering 15°F
O'Neill 12°F
Rainfall
Gering 15.7"
O'Neill 23.8"
Rainy Days
Gering 89d
O'Neill 91d