Baldwin, WI vs Cedarburg, WI
Baldwin, WI and Cedarburg, WI have a very similar cost of living, with only a 3.4% difference in their overall index. Baldwin scores 94 while Cedarburg scores 97 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.
On the housing front, median rent in Baldwin is $1,212/month compared to $1,057/month in Cedarburg — a 15% difference. Interestingly, home values tell a different story: while Cedarburg has cheaper rent, Baldwin actually has lower median home values ($252,000 vs $386,400).
Median household income in Baldwin is $76,675 compared to $82,110 in Cedarburg (-6.6%). While Cedarburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baldwin spend roughly 19% of their income on rent, more than the 15.4% in Cedarburg.
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