Hay Springs, NE vs Murdock, NE
There is a significant gap in the cost of living between these two cities. Hay Springs is 20.4% cheaper than Murdock. With a cost index of 60 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hay Springs to Murdock should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hay Springs is $692/month compared to $950/month in Murdock — a 27% difference. Home values follow the same pattern: Hay Springs is more affordable at $91,900 median vs $178,600.
Median household income in Hay Springs is $45,833 compared to $76,250 in Murdock (-39.9%). While Murdock is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hay Springs spend roughly 18.1% of their income on rent, more than the 15% in Murdock.
Climate-wise, both cities share similar average temperatures (48.3°F vs 51.2°F). Murdock receives more rainfall at 32.3" per year compared to 15.2" in Hay Springs.
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NOAA 30-year normals (1991-2020)