Beloit, WI vs Chippewa Falls, WI

Beloit, WI and Chippewa Falls, WI have a very similar cost of living, with only a 3.5% difference in their overall index. Beloit scores 73 while Chippewa Falls scores 76 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 Beloit is $989/month compared to $910/month in Chippewa Falls — a 9% difference. Interestingly, home values tell a different story: while Chippewa Falls has cheaper rent, Beloit actually has lower median home values ($133,500 vs $194,800).

Median household income in Beloit is $59,975 compared to $62,133 in Chippewa Falls (-3.5%). The higher salaries in Chippewa Falls partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Beloit spend roughly 19.8% of their income on rent, more than the 17.6% in Chippewa Falls.