Marengo, WI vs Waldo, WI
There is a significant gap in the cost of living between these two cities. Marengo is 15.4% cheaper than Waldo. With a cost index of 65 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Marengo to Waldo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Marengo is $734/month compared to $950/month in Waldo — a 23% difference. Home values follow the same pattern: Marengo is more affordable at $118,800 median vs $196,600.
Median household income in Marengo is $55,833 compared to $69,583 in Waldo (-19.8%). While Waldo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marengo spend roughly 15.8% of their income on rent, less than the 16.4% in Waldo.
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