Elgin, NE vs Meadow Grove, NE
There is a significant gap in the cost of living between these two cities. Elgin is 22.1% cheaper than Meadow Grove. With a cost index of 60 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elgin to Meadow Grove should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Elgin are $98,000 compared to $68,200 in Meadow Grove, a 44% gap.
Median household income in Elgin is $53,661 compared to $56,250 in Meadow Grove (-4.6%). Meadow Grove does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
Climate-wise, both cities share similar average temperatures (49.2°F vs 49.2°F). Meadow Grove receives more rainfall at 27" per year compared to 27" in Elgin.
Income & Cost
Housing
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Climate
NOAA 30-year normals (1991-2020)