Malcolm, NE vs Taylor, NE

There is a significant gap in the cost of living between these two cities. Taylor is 27.3% cheaper than Malcolm. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taylor to Malcolm should plan for substantially higher expenses across most categories.

On the housing front, median rent in Malcolm is $893/month compared to $825/month in Taylor — a 8% difference. Home values follow the same pattern: Taylor is more affordable at $62,500 median vs $239,800.

Median household income in Malcolm is $84,712 compared to $49,500 in Taylor (+71.1%). While Malcolm is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malcolm spend roughly 12.6% of their income on rent, less than the 20% in Taylor.

Climate-wise, Malcolm is notably warmer with an average of 52.3°F compared to 49°F in Taylor. Malcolm receives more rainfall at 29.3" per year compared to 23.8" in Taylor.