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Cozad, NE vs Madison, NE

66
Cozad
Nebraska
VS
+0.4%
66
Madison
Nebraska

Cozad, NE and Madison, NE have a very similar cost of living, with only a 0.4% difference in their overall index. Cozad scores 66 while Madison scores 66 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 Cozad is $820/month compared to $818/month in Madison — a 0% difference. Home values follow the same pattern: Madison is more affordable at $116,000 median vs $118,600.

Median household income in Cozad is $50,161 compared to $56,932 in Madison (-11.9%). Madison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cozad spend roughly 19.6% of their income on rent, more than the 17.2% in Madison.

Climate-wise, both cities share similar average temperatures (49.9°F vs 49.2°F). Madison receives more rainfall at 27" per year compared to 21.1" in Cozad.

Income & Cost

Cost of Living Index
Cozad
66
Madison
66
Median Household Income
Cozad
$50,161
Madison
$56,932
12% higher

Housing

Median Rent
Cozad
$820
Madison
$818
Median Home Value
Cozad
$118,600
Madison
$116,000
2% cheaper
Population
Cozad
3,944
Madison
2,074

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Cozad 49.9°F
Madison 49.2°F
Summer High
Cozad 90°F
Madison 86°F
Winter Low
Cozad 12°F
Madison 12°F
Rainfall
Cozad 21.1"
Madison 27"
Rainy Days
Cozad 88d
Madison 98d