Humphrey, NE vs Monroe, NE
Humphrey, NE and Monroe, NE have a very similar cost of living, with only a 4.2% difference in their overall index. Humphrey scores 71 while Monroe 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 Humphrey is $693/month compared to $892/month in Monroe — a 22% difference. Interestingly, home values tell a different story: while Humphrey has cheaper rent, Monroe actually has lower median home values ($115,000 vs $224,000).
Median household income in Humphrey is $69,732 compared to $66,250 in Monroe (+5.3%). While Humphrey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Humphrey spend roughly 11.9% of their income on rent, less than the 16.2% in Monroe.
Climate-wise, both cities share similar average temperatures (49.2°F vs 49.2°F). Monroe receives more rainfall at 27" per year compared to 27" in Humphrey.
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Climate
NOAA 30-year normals (1991-2020)