Madison, NE vs Osceola, NE

Osceola is moderately more affordable than Madison, with a 6.4% lower cost of living index. Madison scores 66 compared to 62 for Osceola, where the US average is 100. This difference means residents of Madison can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison is $818/month compared to $611/month in Osceola — a 34% difference. Interestingly, home values tell a different story: while Osceola has cheaper rent, Madison actually has lower median home values ($116,000 vs $143,800).

Median household income in Madison is $56,932 compared to $85,673 in Osceola (-33.5%). Osceola offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Madison spend roughly 17.2% of their income on rent, more than the 8.6% in Osceola.

Climate-wise, both cities share similar average temperatures (49.2°F vs 51.8°F). Madison receives more rainfall at 27" per year compared to 26.6" in Osceola.