Elmwood, NE vs Marquette, NE

Elmwood, NE and Marquette, NE have a very similar cost of living, with only a 0.9% difference in their overall index. Elmwood scores 72 while Marquette scores 72 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 Elmwood is $840/month compared to $1,021/month in Marquette — a 18% difference. Interestingly, home values tell a different story: while Elmwood has cheaper rent, Marquette actually has lower median home values ($107,700 vs $176,600).

Median household income in Elmwood is $81,250 compared to $62,083 in Marquette (+30.9%). While Elmwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elmwood spend roughly 12.4% of their income on rent, less than the 19.7% in Marquette.

Climate-wise, both cities share similar average temperatures (51.2°F vs 51.8°F). Elmwood receives more rainfall at 32.3" per year compared to 26.6" in Marquette.