Almena, WI vs Lake Lorraine, WI

There is a significant gap in the cost of living between these two cities. Almena is 16.1% cheaper than Lake Lorraine. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Almena to Lake Lorraine should plan for substantially higher expenses across most categories.

On the housing front, median rent in Almena is $738/month compared to $933/month in Lake Lorraine — a 21% difference. Home values follow the same pattern: Almena is more affordable at $106,100 median vs $194,500.

Median household income in Almena is $49,250 compared to $55,208 in Lake Lorraine (-10.8%). The higher salaries in Lake Lorraine partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Almena spend roughly 18% of their income on rent, less than the 20.3% in Lake Lorraine.