Madison, NE vs McCool Junction, NE

Madison, NE and McCool Junction, NE have a very similar cost of living, with only a 3.9% difference in their overall index. Madison scores 66 while McCool Junction scores 69 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 Madison is $818/month compared to $847/month in McCool Junction — a 3% difference. Home values follow the same pattern: Madison is more affordable at $116,000 median vs $138,500.

Median household income in Madison is $56,932 compared to $115,833 in McCool Junction (-50.8%). While McCool Junction is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madison spend roughly 17.2% of their income on rent, more than the 8.8% in McCool Junction.

Climate-wise, both cities share similar average temperatures (49.2°F vs 51.5°F). McCool Junction receives more rainfall at 29.5" per year compared to 27" in Madison.