Madrid, NE vs McCool Junction, NE

Madrid, NE and McCool Junction, NE have a very similar cost of living, with only a 4.3% difference in their overall index. Madrid 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 Madrid is $850/month compared to $847/month in McCool Junction — a 0% difference. Interestingly, home values tell a different story: while McCool Junction has cheaper rent, Madrid actually has lower median home values ($101,300 vs $138,500).

Median household income in Madrid is $71,750 compared to $115,833 in McCool Junction (-38.1%). 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 Madrid spend roughly 14.2% of their income on rent, more than the 8.8% in McCool Junction.

Climate-wise, both cities share similar average temperatures (51.3°F vs 51.5°F). McCool Junction receives more rainfall at 29.5" per year compared to 17.5" in Madrid.