Colfax, WI vs Lancaster, WI

Colfax is moderately more affordable than Lancaster, with a 6.2% lower cost of living index. Colfax scores 66 compared to 71 for Lancaster, where the US average is 100. This difference means residents of Lancaster can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colfax is $699/month compared to $770/month in Lancaster — a 9% difference. Home values follow the same pattern: Colfax is more affordable at $157,000 median vs $173,300.

Median household income in Colfax is $59,842 compared to $80,625 in Lancaster (-25.8%). While Lancaster is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colfax spend roughly 14% of their income on rent, more than the 11.5% in Lancaster.