Beaver Dam, WI vs Milton, WI

Beaver Dam, WI and Milton, WI have a very similar cost of living, with only a 0.9% difference in their overall index. Beaver Dam scores 77 while Milton scores 78 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 Beaver Dam is $942/month compared to $940/month in Milton — a 0% difference. Interestingly, home values tell a different story: while Milton has cheaper rent, Beaver Dam actually has lower median home values ($189,800 vs $210,500).

Median household income in Beaver Dam is $68,757 compared to $84,648 in Milton (-18.8%). While Milton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaver Dam spend roughly 16.4% of their income on rent, more than the 13.3% in Milton.