Alma, WI vs Sheldon, WI

Sheldon is moderately more affordable than Alma, with a 7.1% lower cost of living index. Alma scores 70 compared to 66 for Sheldon, where the US average is 100. This difference means residents of Alma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alma is $763/month compared to $795/month in Sheldon — a 4% difference. Interestingly, home values tell a different story: while Alma has cheaper rent, Sheldon actually has lower median home values ($116,700 vs $174,500).

Median household income in Alma is $56,284 compared to $37,054 in Sheldon (+51.9%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 16.3% of their income on rent, less than the 25.7% in Sheldon.