Madison, NE vs Oxford, NE

Madison, NE and Oxford, NE have a very similar cost of living, with only a 0.8% difference in their overall index. Madison scores 66 while Oxford scores 67 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 $930/month in Oxford — a 12% difference. Interestingly, home values tell a different story: while Madison has cheaper rent, Oxford actually has lower median home values ($80,900 vs $116,000).

Median household income in Madison is $56,932 compared to $49,539 in Oxford (+14.9%). 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 Madison spend roughly 17.2% of their income on rent, less than the 22.5% in Oxford.

Climate-wise, Oxford is notably warmer with an average of 52.2°F compared to 49.2°F in Madison. Madison receives more rainfall at 27" per year compared to 20.1" in Oxford.