Macy, NE vs Madison, NE
There is a significant gap in the cost of living between these two cities. Madison is 16.9% cheaper than Macy. With a cost index of 66 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madison to Macy should plan for substantially higher expenses across most categories.
Renters will find that Macy has a median rent of $677/month while Madison comes in at $818/month, a 17% difference.
Median household income in Macy is $29,219 compared to $56,932 in Madison (-48.7%). Madison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Macy spend roughly 27.8% of their income on rent, more than the 17.2% in Madison.
Climate-wise, both cities share similar average temperatures (48.4°F vs 49.2°F). Macy receives more rainfall at 29.3" per year compared to 27" in Madison.
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Climate
NOAA 30-year normals (1991-2020)