Lake Lorraine, WI vs North Freedom, WI

North Freedom is moderately more affordable than Lake Lorraine, with a 13.7% lower cost of living index. Lake Lorraine scores 76 compared to 67 for North Freedom, where the US average is 100. This difference means residents of Lake Lorraine can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Lorraine is $933/month compared to $708/month in North Freedom — a 32% difference. Home values follow the same pattern: North Freedom is more affordable at $154,800 median vs $194,500.

Median household income in Lake Lorraine is $55,208 compared to $77,250 in North Freedom (-28.5%). North Freedom offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Lorraine spend roughly 20.3% of their income on rent, more than the 11% in North Freedom.