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Alma, WI vs Spooner, WI

70
Alma
Wisconsin
VS
+2.1%
69
Spooner
Wisconsin

Alma, WI and Spooner, WI have a very similar cost of living, with only a 2.1% difference in their overall index. Alma scores 70 while Spooner scores 69 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 Alma is $763/month compared to $803/month in Spooner — a 5% difference. Interestingly, home values tell a different story: while Alma has cheaper rent, Spooner actually has lower median home values ($141,800 vs $174,500).

Median household income in Alma is $56,284 compared to $44,474 in Spooner (+26.6%). 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 21.7% in Spooner.

Income & Cost

Cost of Living Index
Alma
70
Spooner
69
2% cheaper
Median Household Income
Alma
$56,284
21% higher
Spooner
$44,474

Housing

Median Rent
Alma
$763
5% cheaper
Spooner
$803
Median Home Value
Alma
$174,500
Spooner
$141,800
19% cheaper
Population
Alma
792
Spooner
2,203

Salary Equivalency Calculator

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