Callaway, NE vs Thedford, NE
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.
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NOAA 30-year normals (1991-2020)