Mercer, WI vs Randolph, WI
Mercer, WI and Randolph, WI have a very similar cost of living, with only a 1.8% difference in their overall index. Mercer scores 66 while Randolph scores 67 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 Mercer is $525/month compared to $689/month in Randolph — a 24% difference. Interestingly, home values tell a different story: while Mercer has cheaper rent, Randolph actually has lower median home values ($155,900 vs $209,100).
Median household income in Mercer is $51,528 compared to $60,813 in Randolph (-15.3%). While Randolph is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mercer spend roughly 12.2% of their income on rent, less than the 13.6% in Randolph.
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