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Fennimore, WI vs Iron Ridge, WI

66
Fennimore
Wisconsin
VS
-24.5%
87
Iron Ridge
Wisconsin

There is a significant gap in the cost of living between these two cities. Fennimore is 24.5% cheaper than Iron Ridge. With a cost index of 66 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fennimore to Iron Ridge should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fennimore is $694/month compared to $1,257/month in Iron Ridge — a 45% difference. Home values follow the same pattern: Fennimore is more affordable at $146,200 median vs $199,600.

Median household income in Fennimore is $64,891 compared to $74,609 in Iron Ridge (-13%). The higher salaries in Iron Ridge partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fennimore spend roughly 12.8% of their income on rent, less than the 20.2% in Iron Ridge.

Income & Cost

Cost of Living Index
Fennimore
66
25% cheaper
Iron Ridge
87
Median Household Income
Fennimore
$64,891
Iron Ridge
$74,609
13% higher

Housing

Median Rent
Fennimore
$694
45% cheaper
Iron Ridge
$1,257
Median Home Value
Fennimore
$146,200
27% cheaper
Iron Ridge
$199,600
Population
Fennimore
2,762
Iron Ridge
931

Salary Equivalency Calculator

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