Deerfield, WI vs Lake Arrowhead, WI

Deerfield is moderately more affordable than Lake Arrowhead, with a 9% lower cost of living index. Deerfield scores 89 compared to 98 for Lake Arrowhead, where the US average is 100. This difference means residents of Lake Arrowhead can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Deerfield are $292,500 compared to $305,200 in Lake Arrowhead, a 4% gap.

Median household income in Deerfield is $88,424 compared to $83,125 in Lake Arrowhead (+6.4%). Deerfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.