Baldwin, WI vs Random Lake, WI
There is a significant gap in the cost of living between these two cities. Random Lake is 20.8% cheaper than Baldwin. With a cost index of 78 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Random Lake to Baldwin should plan for substantially higher expenses across most categories.
On the housing front, median rent in Baldwin is $1,212/month compared to $865/month in Random Lake — a 40% difference. Home values follow the same pattern: Random Lake is more affordable at $240,300 median vs $252,000.
Median household income in Baldwin is $76,675 compared to $87,370 in Random Lake (-12.2%). Random Lake 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 11.9% in Random Lake.
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