Belmont, WI vs Nelson, WI

Belmont, WI and Nelson, WI have a very similar cost of living, with only a 2.1% difference in their overall index. Belmont scores 71 while Nelson 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 Belmont is $700/month compared to $786/month in Nelson — a 11% difference. Interestingly, home values tell a different story: while Belmont has cheaper rent, Nelson actually has lower median home values ($154,200 vs $203,900).

Median household income in Belmont is $82,000 compared to $65,625 in Nelson (+25%). While Belmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belmont spend roughly 10.2% of their income on rent, less than the 14.4% in Nelson.