Greenwood, NE vs Mason City, NE
There is a significant gap in the cost of living between these two cities. Mason City is 16.2% cheaper than Greenwood. With a cost index of 70 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mason City to Greenwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Greenwood is $1,152/month compared to $778/month in Mason City — a 48% difference. Interestingly, home values tell a different story: while Mason City has cheaper rent, Greenwood actually has lower median home values ($169,200 vs $175,700).
Median household income in Greenwood is $99,000 compared to $49,917 in Mason City (+98.3%). While Greenwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenwood spend roughly 14% of their income on rent, less than the 18.7% in Mason City.
Climate-wise, both cities share similar average temperatures (51.2°F vs 50.2°F). Greenwood receives more rainfall at 32.3" per year compared to 22.9" in Mason City.
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Climate
NOAA 30-year normals (1991-2020)