Gilmanton, WI vs Waldo, WI

There is a significant gap in the cost of living between these two cities. Gilmanton is 15.1% cheaper than Waldo. With a cost index of 65 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilmanton to Waldo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gilmanton is $535/month compared to $950/month in Waldo — a 44% difference. Interestingly, home values tell a different story: while Gilmanton has cheaper rent, Waldo actually has lower median home values ($196,600 vs $205,900).

Median household income in Gilmanton is $52,250 compared to $69,583 in Waldo (-24.9%). While Waldo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilmanton spend roughly 12.3% of their income on rent, less than the 16.4% in Waldo.