Cambridge, NE vs Oakdale, NE
Cambridge, NE and Oakdale, NE have a very similar cost of living, with only a 0.8% difference in their overall index. Cambridge scores 63 while Oakdale scores 63 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 Cambridge is $731/month compared to $913/month in Oakdale — a 20% difference. Interestingly, home values tell a different story: while Cambridge has cheaper rent, Oakdale actually has lower median home values ($43,700 vs $104,800).
Median household income in Cambridge is $60,066 compared to $58,750 in Oakdale (+2.2%). Cambridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cambridge spend roughly 14.6% of their income on rent, less than the 18.6% in Oakdale.
Climate-wise, Cambridge is notably warmer with an average of 52.2°F compared to 49.2°F in Oakdale. Oakdale receives more rainfall at 27" per year compared to 20.1" in Cambridge.
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Climate
NOAA 30-year normals (1991-2020)