Cody, NE vs Magnet, NE
There is a significant gap in the cost of living between these two cities. Cody is 21.8% cheaper than Magnet. With a cost index of 59 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cody to Magnet should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Cody are $102,100 compared to $42,500 in Magnet, a 140% gap.
Median household income in Cody is $68,594 compared to $57,250 in Magnet (+19.8%). Cody offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, both cities share similar average temperatures (49.1°F vs 48.7°F). Magnet receives more rainfall at 28.7" per year compared to 20.9" in Cody.
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Climate
NOAA 30-year normals (1991-2020)