Deerfield, WI vs Elm Grove, WI

There is a significant gap in the cost of living between these two cities. Deerfield is 29.3% cheaper than Elm Grove. With a cost index of 89 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Deerfield to Elm Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Deerfield is $1,043/month compared to $1,788/month in Elm Grove — a 42% difference. Home values follow the same pattern: Deerfield is more affordable at $292,500 median vs $468,000.

Median household income in Deerfield is $88,424 compared to $133,304 in Elm Grove (-33.7%). While Elm Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deerfield spend roughly 14.2% of their income on rent, less than the 16.1% in Elm Grove.