Merton, WI vs New Richmond, WI

There is a significant gap in the cost of living between these two cities. New Richmond is 23.7% cheaper than Merton. With a cost index of 91 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Richmond to Merton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Merton is $1,148/month compared to $1,070/month in New Richmond — a 7% difference. Home values follow the same pattern: New Richmond is more affordable at $269,000 median vs $539,900.

Median household income in Merton is $168,661 compared to $87,500 in New Richmond (+92.8%). While Merton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Merton spend roughly 8.2% of their income on rent, less than the 14.7% in New Richmond.