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Independence, WI vs Medford, WI

71
Independence
Wisconsin
VS
+1%
71
Medford
Wisconsin

Independence, WI and Medford, WI have a very similar cost of living, with only a 1% difference in their overall index. Independence scores 71 while Medford scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Independence is $856/month compared to $809/month in Medford — a 6% difference. Interestingly, home values tell a different story: while Medford has cheaper rent, Independence actually has lower median home values ($152,600 vs $175,300).

Median household income in Independence is $54,967 compared to $53,173 in Medford (+3.4%). While Independence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Independence spend roughly 18.7% of their income on rent, more than the 18.3% in Medford.

Income & Cost

Cost of Living Index
Independence
71
Medford
71
1% cheaper
Median Household Income
Independence
$54,967
3% higher
Medford
$53,173

Housing

Median Rent
Independence
$856
Medford
$809
5% cheaper
Median Home Value
Independence
$152,600
13% cheaper
Medford
$175,300
Population
Independence
1,477
Medford
4,331

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Independence
Medford $2.88
US $3.07
🥚
Eggs (grade A, large)
Independence
Medford $2.35
US $2.50
🥛
Milk (whole)
Independence
Medford $3.78
US $4.03
🍞
Bread (white)
Independence
Medford $1.74
US $1.85
🍗
Chicken breast
Independence
Medford $3.89
US $4.14
Electricity
Independence
Medford $0.17
US $0.19