Hemingford, NE vs Madison, NE

Hemingford, NE and Madison, NE have a very similar cost of living, with only a 0.8% difference in their overall index. Hemingford scores 66 while Madison scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hemingford is $880/month compared to $818/month in Madison — a 8% difference. Interestingly, home values tell a different story: while Madison has cheaper rent, Hemingford actually has lower median home values ($86,400 vs $116,000).

Median household income in Hemingford is $64,356 compared to $56,932 in Madison (+13%). Hemingford offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hemingford spend roughly 16.4% of their income on rent, less than the 17.2% in Madison.

Climate-wise, Madison is notably warmer with an average of 49.2°F compared to 46.2°F in Hemingford. Madison receives more rainfall at 27" per year compared to 14.9" in Hemingford.