Colfax, WI vs Gilman, WI
There is a significant gap in the cost of living between these two cities. Gilman is 15.6% cheaper than Colfax. With a cost index of 57 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilman to Colfax should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colfax is $699/month compared to $544/month in Gilman — a 29% difference. Home values follow the same pattern: Gilman is more affordable at $105,600 median vs $157,000.
Median household income in Colfax is $59,842 compared to $58,333 in Gilman (+2.6%). Colfax 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 Colfax spend roughly 14% of their income on rent, more than the 11.2% in Gilman.
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