Axtell, NE vs Madrid, NE
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.
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Climate
NOAA 30-year normals (1991-2020)