Greenfield, WI vs Oconomowoc, WI

Greenfield is moderately more affordable than Oconomowoc, with a 13.1% lower cost of living index. Greenfield scores 88 compared to 101 for Oconomowoc, where the US average is 100. This difference means residents of Oconomowoc can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greenfield is $1,123/month compared to $1,235/month in Oconomowoc — a 9% difference. Home values follow the same pattern: Greenfield is more affordable at $247,800 median vs $367,700.

Median household income in Greenfield is $69,016 compared to $105,833 in Oconomowoc (-34.8%). While Oconomowoc is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenfield spend roughly 19.5% of their income on rent, more than the 14% in Oconomowoc.