Baldwin, WI vs Grafton, WI

Baldwin, WI and Grafton, WI have a very similar cost of living, with only a 0.5% difference in their overall index. Baldwin scores 94 while Grafton scores 93 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 $1,162/month in Grafton — a 4% difference. Interestingly, home values tell a different story: while Grafton has cheaper rent, Baldwin actually has lower median home values ($252,000 vs $301,300).

Median household income in Baldwin is $76,675 compared to $88,634 in Grafton (-13.5%). Grafton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Baldwin spend roughly 19% of their income on rent, more than the 15.7% in Grafton.