Clearwater, NE vs Osmond, NE

Clearwater, NE and Osmond, NE have a very similar cost of living, with only a 1.5% difference in their overall index. Clearwater scores 62 while Osmond 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 Clearwater is $788/month compared to $683/month in Osmond — a 15% difference. Interestingly, home values tell a different story: while Osmond has cheaper rent, Clearwater actually has lower median home values ($77,500 vs $127,500).

Median household income in Clearwater is $61,667 compared to $69,659 in Osmond (-11.5%). While Osmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clearwater spend roughly 15.3% of their income on rent, more than the 11.8% in Osmond.

Climate-wise, both cities share similar average temperatures (49.2°F vs 49.2°F). Osmond receives more rainfall at 27" per year compared to 27" in Clearwater.