Gibbon, NE vs Waverly, NE

There is a significant gap in the cost of living between these two cities. Gibbon is 23.9% cheaper than Waverly. With a cost index of 65 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gibbon to Waverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gibbon is $683/month compared to $972/month in Waverly — a 30% difference. Home values follow the same pattern: Gibbon is more affordable at $151,700 median vs $290,000.

Median household income in Gibbon is $69,762 compared to $110,000 in Waverly (-36.6%). While Waverly is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gibbon spend roughly 11.7% of their income on rent, more than the 10.6% in Waverly.

Climate-wise, both cities share similar average temperatures (51.9°F vs 51.2°F). Waverly receives more rainfall at 32.3" per year compared to 26.4" in Gibbon.