Beaver Dam, WI vs New Berlin, WI
There is a significant gap in the cost of living between these two cities. Beaver Dam is 26.2% cheaper than New Berlin. With a cost index of 77 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beaver Dam to New Berlin should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beaver Dam is $942/month compared to $1,409/month in New Berlin — a 33% difference. Home values follow the same pattern: Beaver Dam is more affordable at $189,800 median vs $343,500.
Median household income in Beaver Dam is $68,757 compared to $97,414 in New Berlin (-29.4%). While New Berlin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaver Dam spend roughly 16.4% of their income on rent, less than the 17.4% in New Berlin.
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