Madison, NE vs Waverly, NE

There is a significant gap in the cost of living between these two cities. Madison is 22.5% cheaper than Waverly. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madison to Waverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $818/month compared to $972/month in Waverly — a 16% difference. Home values follow the same pattern: Madison is more affordable at $116,000 median vs $290,000.

Median household income in Madison is $56,932 compared to $110,000 in Waverly (-48.2%). While Waverly 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 10.6% in Waverly.

Climate-wise, both cities share similar average temperatures (49.2°F vs 51.2°F). Waverly receives more rainfall at 32.3" per year compared to 27" in Madison.