Park Falls, WI vs Pepin, WI

Park Falls is moderately more affordable than Pepin, with a 8.5% lower cost of living index. Park Falls scores 67 compared to 73 for Pepin, where the US average is 100. This difference means residents of Pepin can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Park Falls is $907/month compared to $837/month in Pepin — a 8% difference. Interestingly, home values tell a different story: while Pepin has cheaper rent, Park Falls actually has lower median home values ($81,900 vs $184,200).

Median household income in Park Falls is $47,240 compared to $72,500 in Pepin (-34.8%). While Pepin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Park Falls spend roughly 23% of their income on rent, more than the 13.9% in Pepin.