Cedarburg, WI vs Prescott, WI

Cedarburg, WI and Prescott, WI have a very similar cost of living, with only a 1.4% difference in their overall index. Cedarburg scores 97 while Prescott scores 99 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 Cedarburg is $1,057/month compared to $1,284/month in Prescott — a 18% difference. Interestingly, home values tell a different story: while Cedarburg has cheaper rent, Prescott actually has lower median home values ($282,100 vs $386,400).

Median household income in Cedarburg is $82,110 compared to $82,730 in Prescott (-0.7%). The higher salaries in Prescott partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cedarburg spend roughly 15.4% of their income on rent, less than the 18.6% in Prescott.