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Murray, NE vs Wakefield, NE

78
Murray
Nebraska
VS
+19.4%
65
Wakefield
Nebraska

There is a significant gap in the cost of living between these two cities. Wakefield is 19.4% cheaper than Murray. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wakefield to Murray should plan for substantially higher expenses across most categories.

On the housing front, median rent in Murray is $1,000/month compared to $808/month in Wakefield — a 24% difference. Home values follow the same pattern: Wakefield is more affordable at $110,300 median vs $188,200.

Median household income in Murray is $69,583 compared to $57,500 in Wakefield (+21%). While Murray is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Murray spend roughly 17.2% of their income on rent, more than the 16.9% in Wakefield.

Climate-wise, Murray is notably warmer with an average of 52.4°F compared to 48.4°F in Wakefield. Murray receives more rainfall at 31.9" per year compared to 29.3" in Wakefield.

Income & Cost

Cost of Living Index
Murray
78
Wakefield
65
16% cheaper
Median Household Income
Murray
$69,583
17% higher
Wakefield
$57,500

Housing

Median Rent
Murray
$1,000
Wakefield
$808
19% cheaper
Median Home Value
Murray
$188,200
Wakefield
$110,300
41% cheaper
Population
Murray
449
Wakefield
1,288

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Murray $2.96
Wakefield
US $3.07
🥚
Eggs (grade A, large)
Murray $2.41
Wakefield
US $2.50
🥛
Milk (whole)
Murray $3.89
Wakefield
US $4.03
🍞
Bread (white)
Murray $1.79
Wakefield
US $1.85
🍗
Chicken breast
Murray $4.00
Wakefield
US $4.14
Electricity
Murray $0.15
Wakefield
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Murray 52.4°F
Wakefield 48.4°F
Summer High
Murray 88°F
Wakefield 85°F
Winter Low
Murray 15°F
Wakefield 10°F
Rainfall
Murray 31.9"
Wakefield 29.3"
Rainy Days
Murray 103d
Wakefield 102d