Colfax, WI vs Stanley, WI

Colfax, WI and Stanley, WI have a very similar cost of living, with only a 0.8% difference in their overall index. Colfax scores 66 while Stanley scores 66 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 Colfax is $699/month compared to $693/month in Stanley — a 1% difference. Home values follow the same pattern: Stanley is more affordable at $153,200 median vs $157,000.

Median household income in Colfax is $59,842 compared to $47,857 in Stanley (+25%). While Colfax 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, less than the 17.4% in Stanley.