Madrid, NE vs Terrytown, NE
Madrid, NE and Terrytown, NE have a very similar cost of living, with only a 3.2% difference in their overall index. Madrid scores 66 while Terrytown scores 64 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 $786/month in Terrytown — a 8% difference. Home values follow the same pattern: Terrytown is more affordable at $100,000 median vs $101,300.
Median household income in Madrid is $71,750 compared to $43,750 in Terrytown (+64%). While Madrid 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, less than the 21.6% in Terrytown.
Climate-wise, both cities share similar average temperatures (51.3°F vs 49.9°F). Madrid receives more rainfall at 17.5" per year compared to 15.7" in Terrytown.
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Housing
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Climate
NOAA 30-year normals (1991-2020)