Combined Locks, WI vs New Richmond, WI

Combined Locks is moderately more affordable than New Richmond, with a 6.7% lower cost of living index. Combined Locks scores 85 compared to 91 for New Richmond, where the US average is 100. This difference means residents of New Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Combined Locks is $1,081/month compared to $1,070/month in New Richmond — a 1% difference. Interestingly, home values tell a different story: while New Richmond has cheaper rent, Combined Locks actually has lower median home values ($235,800 vs $269,000).

Median household income in Combined Locks is $89,310 compared to $87,500 in New Richmond (+2.1%). Combined Locks offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Combined Locks spend roughly 14.5% of their income on rent, less than the 14.7% in New Richmond.