Arcadia, WI vs New Richmond, WI

There is a significant gap in the cost of living between these two cities. Arcadia is 18.2% cheaper than New Richmond. With a cost index of 74 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Arcadia to New Richmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Arcadia is $947/month compared to $1,070/month in New Richmond — a 12% difference. Home values follow the same pattern: Arcadia is more affordable at $156,400 median vs $269,000.

Median household income in Arcadia is $65,275 compared to $87,500 in New Richmond (-25.4%). While New Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arcadia spend roughly 17.4% of their income on rent, more than the 14.7% in New Richmond.