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Callaway, NE vs Thedford, NE

63
Callaway
Nebraska
VS
+6.1%
59
Thedford
Nebraska

Thedford is moderately more affordable than Callaway, with a 6.1% lower cost of living index. Callaway scores 63 compared to 59 for Thedford, where the US average is 100. This difference means residents of Callaway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Callaway is $585/month compared to $680/month in Thedford — a 14% difference. Interestingly, home values tell a different story: while Callaway has cheaper rent, Thedford actually has lower median home values ($78,800 vs $157,600).

Median household income in Callaway is $50,938 compared to $73,867 in Thedford (-31%). Thedford offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Callaway spend roughly 13.8% of their income on rent, more than the 11% in Thedford.

Climate-wise, both cities share similar average temperatures (50.2°F vs 48.1°F). Callaway receives more rainfall at 22.9" per year compared to 18.3" in Thedford.

Income & Cost

Cost of Living Index
Callaway
63
Thedford
59
6% cheaper
Median Household Income
Callaway
$50,938
Thedford
$73,867
31% higher

Housing

Median Rent
Callaway
$585
14% cheaper
Thedford
$680
Median Home Value
Callaway
$157,600
Thedford
$78,800
50% cheaper
Population
Callaway
608
Thedford
215

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Callaway 50.2°F
Thedford 48.1°F
Summer High
Callaway 87°F
Thedford 85°F
Winter Low
Callaway 15°F
Thedford 16°F
Rainfall
Callaway 22.9"
Thedford 18.3"
Rainy Days
Callaway 93d
Thedford 94d