Amherst, WI vs Paddock Lake, WI

There is a significant gap in the cost of living between these two cities. Amherst is 17% cheaper than Paddock Lake. With a cost index of 76 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Amherst to Paddock Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Amherst is $829/month compared to $1,202/month in Paddock Lake — a 31% difference. Home values follow the same pattern: Amherst is more affordable at $218,000 median vs $242,800.

Median household income in Amherst is $56,833 compared to $88,438 in Paddock Lake (-35.7%). While Paddock Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amherst spend roughly 17.5% of their income on rent, more than the 16.3% in Paddock Lake.