Elmwood, NE vs Wilber, NE

Elmwood, NE and Wilber, NE have a very similar cost of living, with only a 4% difference in their overall index. Elmwood scores 72 while Wilber scores 70 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 $815/month in Wilber — a 3% difference. Home values follow the same pattern: Wilber is more affordable at $154,700 median vs $176,600.

Median household income in Elmwood is $81,250 compared to $80,227 in Wilber (+1.3%). Elmwood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Elmwood spend roughly 12.4% of their income on rent, more than the 12.2% in Wilber.

Climate-wise, both cities share similar average temperatures (51.2°F vs 51.5°F). Elmwood receives more rainfall at 32.3" per year compared to 29.5" in Wilber.