Baileys Harbor, WI vs Lake Arrowhead, WI

Baileys Harbor, WI and Lake Arrowhead, WI have a very similar cost of living, with only a 4% difference in their overall index. Baileys Harbor scores 102 while Lake Arrowhead scores 98 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Baileys Harbor are $351,400 compared to $305,200 in Lake Arrowhead, a 15% gap.

Median household income in Baileys Harbor is $71,800 compared to $83,125 in Lake Arrowhead (-13.6%). Lake Arrowhead offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.