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Bellwood, NE vs Octavia, NE

64
Bellwood
Nebraska
VS
-21.5%
81
Octavia
Nebraska

There is a significant gap in the cost of living between these two cities. Bellwood is 21.5% cheaper than Octavia. With a cost index of 64 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bellwood to Octavia should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Bellwood are $116,000 compared to $112,500 in Octavia, a 3% gap.

Median household income in Bellwood is $70,795 compared to $65,417 in Octavia (+8.2%). Bellwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (52.3°F vs 52.3°F). Octavia receives more rainfall at 29.3" per year compared to 29.3" in Bellwood.

Income & Cost

Cost of Living Index
Bellwood
64
21% cheaper
Octavia
81
Median Household Income
Bellwood
$70,795
8% higher
Octavia
$65,417

Housing

Median Rent
Bellwood
$735
Octavia
Median Home Value
Bellwood
$116,000
Octavia
$112,500
3% cheaper
Population
Bellwood
460
Octavia
166

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Bellwood 52.3°F
Octavia 52.3°F
Summer High
Bellwood 89°F
Octavia 89°F
Winter Low
Bellwood 14°F
Octavia 14°F
Rainfall
Bellwood 29.3"
Octavia 29.3"
Rainy Days
Bellwood 95d
Octavia 95d