Amherst, WI vs Ephraim, WI
There is a significant gap in the cost of living between these two cities. Amherst is 24.4% cheaper than Ephraim. With a cost index of 76 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Amherst to Ephraim should plan for substantially higher expenses across most categories.
On the housing front, median rent in Amherst is $829/month compared to $958/month in Ephraim — a 14% difference. Home values follow the same pattern: Amherst is more affordable at $218,000 median vs $469,100.
Median household income in Amherst is $56,833 compared to $79,479 in Ephraim (-28.5%). While Ephraim is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amherst spend roughly 17.5% of their income on rent, more than the 14.5% in Ephraim.
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