Baldwin, WI vs Richfield, WI

There is a significant gap in the cost of living between these two cities. Baldwin is 18.5% cheaper than Richfield. With a cost index of 94 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baldwin to Richfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baldwin is $1,212/month compared to $1,460/month in Richfield — a 17% difference. Home values follow the same pattern: Baldwin is more affordable at $252,000 median vs $456,500.

Median household income in Baldwin is $76,675 compared to $135,774 in Richfield (-43.5%). While Richfield 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 12.9% in Richfield.