New Richmond, WI vs Seymour, WI

There is a significant gap in the cost of living between these two cities. Seymour is 22.4% cheaper than New Richmond. With a cost index of 74 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Seymour to New Richmond should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Richmond is $1,070/month compared to $918/month in Seymour — a 17% difference. Home values follow the same pattern: Seymour is more affordable at $167,500 median vs $269,000.

Median household income in New Richmond is $87,500 compared to $80,787 in Seymour (+8.3%). New Richmond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of New Richmond spend roughly 14.7% of their income on rent, more than the 13.6% in Seymour.