Bellwood, NE vs Wakefield, NE

Bellwood, NE and Wakefield, NE have a very similar cost of living, with only a 2.7% difference in their overall index. Bellwood scores 64 while Wakefield scores 65 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 Bellwood is $735/month compared to $808/month in Wakefield — a 9% difference. Interestingly, home values tell a different story: while Bellwood has cheaper rent, Wakefield actually has lower median home values ($110,300 vs $116,000).

Median household income in Bellwood is $70,795 compared to $57,500 in Wakefield (+23.1%). Bellwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bellwood spend roughly 12.5% of their income on rent, less than the 16.9% in Wakefield.

Climate-wise, Bellwood is notably warmer with an average of 52.3°F compared to 48.4°F in Wakefield. Wakefield receives more rainfall at 29.3" per year compared to 29.3" in Bellwood.