Paddock Lake, WI vs Pewaukee, WI

Paddock Lake, WI and Pewaukee, WI have a very similar cost of living, with only a 2.8% difference in their overall index. Paddock Lake scores 92 while Pewaukee scores 94 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 Paddock Lake is $1,202/month compared to $1,281/month in Pewaukee — a 6% difference. Home values follow the same pattern: Paddock Lake is more affordable at $242,800 median vs $266,300.

Median household income in Paddock Lake is $88,438 compared to $62,380 in Pewaukee (+41.8%). Paddock Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Paddock Lake spend roughly 16.3% of their income on rent, less than the 24.6% in Pewaukee.