Cost of Living in Bayfield County, Wisconsin

$789/mo
Median Monthly Rent
$228,100
Median Home Value

At a Glance

Median Monthly Rent
$789/mo
11% below state average
Median Home Value
$228,100
19% below national
Rent-to-Income Ratio
22.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bayfield County Compares

Median monthly rent comparison

Bayfield County$789/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$789/mo
Median Gross Rent
$228,100
Median Home Value
$898/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bayfield County ranks #724 of 3,144 counties for affordability (top 23%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bayfield County, Wisconsin

Bayfield County balances income and rents

Bayfield County's 13.6% rent-to-income ratio beats Wisconsin's 14.9% state average and approaches ideal affordability benchmarks, supported by a relatively strong median household income of $69,609. Monthly rents of $789 remain modest for the income level.

Above-average incomes, below-average rent burden

Bayfield County ranks well statewide with a 13.6% rent-to-income ratio, second-best in this eight-county comparison. The county's $69,609 median income exceeds the state and national medians, making housing costs feel lighter.

Higher home values, best rent-to-income ratio

Bayfield County's $789 monthly rent matches Adams County, but its 13.6% rent-to-income ratio is superior thanks to higher household income. Median home values of $228,100 significantly exceed northern neighbors like Ashland ($160,500), reflecting stronger local demand.

Housing takes 14% of household income

Bayfield County renters spend just 13.6% of their $69,609 household income on $789 monthly rent—nearly optimal affordability. Homeowners with $898/month ownership costs and $228,100 home values enjoy stable equity building with manageable payments.

Best balance: income, rent, home value

Bayfield County combines strong median incomes with low rent-to-income ratios and appreciating home values, making it ideal for households valuing affordability and stability. If you're considering a move to rural Wisconsin, Bayfield's balanced fundamentals offer an attractive entry point.

Cost of Living Advisory: Bayfield County

Affordability Verdict

Housing in Bayfield County is affordable. The median rent is $789/month against a median household income of $69,609, putting rent at 13.6% of income.

Rent vs. Own

The median rent in Bayfield County is $789/month, while owner costs run $898/month. Renting saves approximately $109/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,560/year. For owner costs at the 28% rule, the required income is roughly $38,486/year. With a median household income of $69,609, most households can comfortably afford rent here. Notably, 22.0% of renter households in Bayfield County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Langlade County where rent averages $737/month, Bayfield County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Bayfield County

$

Rent Burden

13.6%

of gross income

Max Housing (28% Rule)

$1,624

per month

Owner Cost Burden

15.5%

of gross income

The median home in Bayfield County may be a stretch

Median home value is $228,100. Estimated monthly cost: $1,821 vs. your max of $1,624.

Rent Affordability Guide

Your rent-to-income ratio13.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,609Needed: $31,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,609Needed: $38,486
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,609Needed: $53,085

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bayfield County, Wisconsin?
Bayfield County, Wisconsin has a median monthly rent of $789/mo and a median home value of $228,100. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Bayfield County?
The median gross rent in Bayfield County is $789/mo. This is 11% below state average for Wisconsin.
Is Bayfield County affordable?
Bayfield County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bayfield County's rent compare to the state average?
Bayfield County's median rent of $789/mo is 11% below state average of $891/mo for Wisconsin.
What is the median home value in Bayfield County?
The median home value in Bayfield County, Wisconsin is $228,100. This is 19% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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