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Axtell, NE vs Madrid, NE

81
Axtell
Nebraska
VS
+23.2%
66
Madrid
Nebraska

There is a significant gap in the cost of living between these two cities. Madrid is 23.2% cheaper than Axtell. With a cost index of 66 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madrid to Axtell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Axtell is $1,108/month compared to $850/month in Madrid — a 30% difference. Home values follow the same pattern: Madrid is more affordable at $101,300 median vs $192,400.

Median household income in Axtell is $64,196 compared to $71,750 in Madrid (-10.5%). Madrid offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Axtell spend roughly 20.7% of their income on rent, more than the 14.2% in Madrid.

Climate-wise, both cities share similar average temperatures (51.9°F vs 51.3°F). Axtell receives more rainfall at 26.4" per year compared to 17.5" in Madrid.

Income & Cost

Cost of Living Index
Axtell
81
Madrid
66
19% cheaper
Median Household Income
Axtell
$64,196
Madrid
$71,750
11% higher

Housing

Median Rent
Axtell
$1,108
Madrid
$850
23% cheaper
Median Home Value
Axtell
$192,400
Madrid
$101,300
47% cheaper
Population
Axtell
744
Madrid
253

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Axtell 51.9°F
Madrid 51.3°F
Summer High
Axtell 88°F
Madrid 91°F
Winter Low
Axtell 16°F
Madrid 16°F
Rainfall
Axtell 26.4"
Madrid 17.5"
Rainy Days
Axtell 91d
Madrid 81d