Elwood, NE vs Pickrell, NE
Elwood is moderately more affordable than Pickrell, with a 5.1% lower cost of living index. Elwood scores 68 compared to 71 for Pickrell, where the US average is 100. This difference means residents of Pickrell can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Elwood is $775/month compared to $840/month in Pickrell — a 8% difference. Home values follow the same pattern: Elwood is more affordable at $150,700 median vs $170,800.
Median household income in Elwood is $68,500 compared to $66,250 in Pickrell (+3.4%). Elwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elwood spend roughly 13.6% of their income on rent, less than the 15.2% in Pickrell.
Climate-wise, both cities share similar average temperatures (52.2°F vs 51.5°F). Pickrell receives more rainfall at 29.5" per year compared to 20.1" in Elwood.
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Climate
NOAA 30-year normals (1991-2020)