Madison, NE vs Ogallala, NE

Madison, NE and Ogallala, NE have a very similar cost of living, with only a 1.3% difference in their overall index. Madison scores 66 while Ogallala scores 65 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 $738/month in Ogallala — a 11% difference. Interestingly, home values tell a different story: while Ogallala has cheaper rent, Madison actually has lower median home values ($116,000 vs $135,500).

Median household income in Madison is $56,932 compared to $55,481 in Ogallala (+2.6%). While Madison 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 16% in Ogallala.

Climate-wise, both cities share similar average temperatures (49.2°F vs 51.3°F). Madison receives more rainfall at 27" per year compared to 17.5" in Ogallala.