Lake Delton, WI vs New Richmond, WI

There is a significant gap in the cost of living between these two cities. Lake Delton is 17.5% cheaper than New Richmond. With a cost index of 75 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Delton to New Richmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Delton is $980/month compared to $1,070/month in New Richmond — a 8% difference. Home values follow the same pattern: Lake Delton is more affordable at $144,100 median vs $269,000.

Median household income in Lake Delton is $42,386 compared to $87,500 in New Richmond (-51.6%). While New Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Delton spend roughly 27.7% of their income on rent, more than the 14.7% in New Richmond.