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Elwood, NE vs Hubbard, NE

68
Elwood
Nebraska
VS
-20.2%
85
Hubbard
Nebraska

There is a significant gap in the cost of living between these two cities. Elwood is 20.2% cheaper than Hubbard. With a cost index of 68 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elwood to Hubbard should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elwood are $150,700 compared to $170,800 in Hubbard, a 12% gap.

Median household income in Elwood is $68,500 compared to $57,250 in Hubbard (+19.7%). Elwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Elwood is notably warmer with an average of 52.2°F compared to 48.4°F in Hubbard. Hubbard receives more rainfall at 29.3" per year compared to 20.1" in Elwood.

Income & Cost

Cost of Living Index
Elwood
68
20% cheaper
Hubbard
85
Median Household Income
Elwood
$68,500
16% higher
Hubbard
$57,250

Housing

Median Rent
Elwood
$775
Hubbard
Median Home Value
Elwood
$150,700
12% cheaper
Hubbard
$170,800
Population
Elwood
535
Hubbard
188

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elwood
Hubbard $2.97
US $3.07
🥚
Eggs (grade A, large)
Elwood
Hubbard $2.42
US $2.50
🥛
Milk (whole)
Elwood
Hubbard $3.89
US $4.03
🍞
Bread (white)
Elwood
Hubbard $1.79
US $1.85
🍗
Chicken breast
Elwood
Hubbard $4.01
US $4.14
Electricity
Elwood
Hubbard $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elwood 52.2°F
Hubbard 48.4°F
Summer High
Elwood 91°F
Hubbard 85°F
Winter Low
Elwood 16°F
Hubbard 10°F
Rainfall
Elwood 20.1"
Hubbard 29.3"
Rainy Days
Elwood 79d
Hubbard 102d