Cozad, NE vs Madison, NE
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.
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Climate
NOAA 30-year normals (1991-2020)