Oakfield, WI vs Waldo, WI

Oakfield, WI and Waldo, WI have a very similar cost of living, with only a 3.2% difference in their overall index. Oakfield scores 79 while Waldo scores 77 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 Oakfield is $916/month compared to $950/month in Waldo — a 4% difference. Interestingly, home values tell a different story: while Oakfield has cheaper rent, Waldo actually has lower median home values ($196,600 vs $229,700).

Median household income in Oakfield is $100,417 compared to $69,583 in Waldo (+44.3%). While Oakfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakfield spend roughly 10.9% of their income on rent, less than the 16.4% in Waldo.