Cambridge, NE vs Phillips, NE

Cambridge, NE and Phillips, NE have a very similar cost of living, with only a 2.8% difference in their overall index. Cambridge scores 63 while Phillips scores 64 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 $695/month in Phillips — a 5% difference. Interestingly, home values tell a different story: while Phillips has cheaper rent, Cambridge actually has lower median home values ($104,800 vs $140,400).

Median household income in Cambridge is $60,066 compared to $78,750 in Phillips (-23.7%). While Phillips is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambridge spend roughly 14.6% of their income on rent, more than the 10.6% in Phillips.

Climate-wise, both cities share similar average temperatures (52.2°F vs 51.8°F). Phillips receives more rainfall at 26.6" per year compared to 20.1" in Cambridge.