Hammond, WI vs Waterford, WI

Hammond is moderately more affordable than Waterford, with a 14.1% lower cost of living index. Hammond scores 84 compared to 98 for Waterford, where the US average is 100. This difference means residents of Waterford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hammond is $935/month compared to $1,278/month in Waterford — a 27% difference. Home values follow the same pattern: Hammond is more affordable at $232,700 median vs $312,700.

Median household income in Hammond is $82,159 compared to $80,380 in Waterford (+2.2%). Hammond offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hammond spend roughly 13.7% of their income on rent, less than the 19.1% in Waterford.