Deerfield, WI vs Fox Point, WI
There is a significant gap in the cost of living between these two cities. Deerfield is 25% cheaper than Fox Point. With a cost index of 89 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Deerfield to Fox Point should plan for substantially higher expenses across most categories.
On the housing front, median rent in Deerfield is $1,043/month compared to $1,693/month in Fox Point — a 38% difference. Home values follow the same pattern: Deerfield is more affordable at $292,500 median vs $414,900.
Median household income in Deerfield is $88,424 compared to $140,818 in Fox Point (-37.2%). While Fox Point 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 14.4% in Fox Point.
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