Campbell, NE vs Elmwood, NE
There is a significant gap in the cost of living between these two cities. Campbell is 15% cheaper than Elmwood. With a cost index of 61 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Campbell to Elmwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Campbell is $825/month compared to $840/month in Elmwood — a 2% difference. Home values follow the same pattern: Campbell is more affordable at $55,900 median vs $176,600.
Median household income in Campbell is $66,000 compared to $81,250 in Elmwood (-18.8%). While Elmwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Campbell spend roughly 15% of their income on rent, more than the 12.4% in Elmwood.
Climate-wise, both cities share similar average temperatures (51.9°F vs 51.2°F). Elmwood receives more rainfall at 32.3" per year compared to 26.4" in Campbell.
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Climate
NOAA 30-year normals (1991-2020)