Beloit, WI vs Marshfield, WI

Beloit, WI and Marshfield, WI have a very similar cost of living, with only a 4.4% difference in their overall index. Beloit scores 73 while Marshfield scores 70 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 $798/month in Marshfield — a 24% difference. Interestingly, home values tell a different story: while Marshfield has cheaper rent, Beloit actually has lower median home values ($133,500 vs $169,900).

Median household income in Beloit is $59,975 compared to $59,294 in Marshfield (+1.1%). Beloit does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Beloit spend roughly 19.8% of their income on rent, more than the 16.2% in Marshfield.