Muskego, WI vs New Richmond, WI

There is a significant gap in the cost of living between these two cities. New Richmond is 15.1% cheaper than Muskego. With a cost index of 91 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Richmond to Muskego should plan for substantially higher expenses across most categories.

On the housing front, median rent in Muskego is $1,292/month compared to $1,070/month in New Richmond — a 21% difference. Home values follow the same pattern: New Richmond is more affordable at $269,000 median vs $390,900.

Median household income in Muskego is $116,361 compared to $87,500 in New Richmond (+33%). While Muskego is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Muskego spend roughly 13.3% of their income on rent, less than the 14.7% in New Richmond.