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Algoma, WI vs McFarland, WI

69
Algoma
Wisconsin
VS
-36%
107
McFarland
Wisconsin

The cost of living difference between Algoma, WI and McFarland, WI is dramatic. Algoma is 36% cheaper than McFarland, a gap that translates to thousands of dollars per year in household expenses. Algoma has a cost index of 69 while McFarland sits at 107, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Algoma is $812/month compared to $1,447/month in McFarland — a 44% difference. Home values follow the same pattern: Algoma is more affordable at $143,000 median vs $363,400.

Median household income in Algoma is $62,269 compared to $93,810 in McFarland (-33.6%). The higher salaries in McFarland partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Algoma spend roughly 15.6% of their income on rent, less than the 18.5% in McFarland.

Income & Cost

Cost of Living Index
Algoma
69
36% cheaper
McFarland
107
Median Household Income
Algoma
$62,269
McFarland
$93,810
34% higher

Housing

Median Rent
Algoma
$812
44% cheaper
McFarland
$1,447
Median Home Value
Algoma
$143,000
61% cheaper
McFarland
$363,400
Population
Algoma
3,219
McFarland
9,230

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Algoma $2.88
McFarland $2.88
US $3.07
🥚
Eggs (grade A, large)
Algoma $2.35
McFarland $2.35
US $2.50
🥛
Milk (whole)
Algoma $3.78
McFarland $3.78
US $4.03
🍞
Bread (white)
Algoma $1.74
McFarland $1.74
US $1.85
🍗
Chicken breast
Algoma $3.89
McFarland $3.89
US $4.14
Electricity
Algoma $0.17
McFarland $0.17
US $0.19