Albany, WI vs Lake Sherwood, WI

There is a significant gap in the cost of living between these two cities. Albany is 23.4% cheaper than Lake Sherwood. With a cost index of 73 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albany to Lake Sherwood should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Albany are $166,800 compared to $279,900 in Lake Sherwood, a 40% gap.

Median household income in Albany is $71,875 compared to $88,073 in Lake Sherwood (-18.4%). The higher salaries in Lake Sherwood partially offset the cost difference, but don't fully close the gap.