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De Soto, WI vs Independence, WI

59
De Soto
Wisconsin
VS
-17%
71
Independence
Wisconsin

There is a significant gap in the cost of living between these two cities. De Soto is 17% cheaper than Independence. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from De Soto to Independence should plan for substantially higher expenses across most categories.

On the housing front, median rent in De Soto is $590/month compared to $856/month in Independence — a 31% difference. Home values follow the same pattern: De Soto is more affordable at $117,600 median vs $152,600.

Median household income in De Soto is $89,440 compared to $54,967 in Independence (+62.7%). De Soto offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of De Soto spend roughly 7.9% of their income on rent, less than the 18.7% in Independence.

Income & Cost

Cost of Living Index
De Soto
59
17% cheaper
Independence
71
Median Household Income
De Soto
$89,440
39% higher
Independence
$54,967

Housing

Median Rent
De Soto
$590
31% cheaper
Independence
$856
Median Home Value
De Soto
$117,600
23% cheaper
Independence
$152,600
Population
De Soto
497
Independence
1,477

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
De Soto $2.87
Independence
US $3.07
🥚
Eggs (grade A, large)
De Soto $2.34
Independence
US $2.50
🥛
Milk (whole)
De Soto $3.77
Independence
US $4.03
🍞
Bread (white)
De Soto $1.73
Independence
US $1.85
🍗
Chicken breast
De Soto $3.88
Independence
US $4.14
Electricity
De Soto $0.17
Independence
US $0.19