Gothenburg, NE vs Wood River, NE

Wood River is moderately more affordable than Gothenburg, with a 8.1% lower cost of living index. Gothenburg scores 71 compared to 66 for Wood River, where the US average is 100. This difference means residents of Gothenburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gothenburg is $838/month compared to $820/month in Wood River — a 2% difference. Home values follow the same pattern: Wood River is more affordable at $131,400 median vs $173,200.

Median household income in Gothenburg is $79,519 compared to $76,591 in Wood River (+3.8%). Gothenburg 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 Gothenburg spend roughly 12.6% of their income on rent, less than the 12.8% in Wood River.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.9°F). Wood River receives more rainfall at 26.4" per year compared to 21.1" in Gothenburg.