Cozad, NE vs Wood River, NE

Cozad, NE and Wood River, NE have a very similar cost of living, with only a 0.5% difference in their overall index. Cozad scores 66 while Wood River 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 $820/month in Wood River — a 0% difference. Interestingly, home values tell a different story: while Wood River has cheaper rent, Cozad actually has lower median home values ($118,600 vs $131,400).

Median household income in Cozad is $50,161 compared to $76,591 in Wood River (-34.5%). Wood River 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 12.8% in Wood River.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.9°F). Wood River receives more rainfall at 26.4" per year compared to 21.1" in Cozad.