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Boaz, WI vs Minocqua, WI

70
Boaz
Wisconsin
VS
-20.3%
87
Minocqua
Wisconsin

There is a significant gap in the cost of living between these two cities. Boaz is 20.3% cheaper than Minocqua. With a cost index of 70 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boaz to Minocqua should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boaz is $881/month compared to $683/month in Minocqua — a 29% difference. Interestingly, home values tell a different story: while Minocqua has cheaper rent, Boaz actually has lower median home values ($112,500 vs $409,300).

Median household income in Boaz is $52,396 compared to $42,128 in Minocqua (+24.4%). Boaz offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boaz spend roughly 20.2% of their income on rent, more than the 19.5% in Minocqua.

Income & Cost

Cost of Living Index
Boaz
70
20% cheaper
Minocqua
87
Median Household Income
Boaz
$52,396
20% higher
Minocqua
$42,128

Housing

Median Rent
Boaz
$881
Minocqua
$683
22% cheaper
Median Home Value
Boaz
$112,500
73% cheaper
Minocqua
$409,300
Population
Boaz
149
Minocqua
446

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boaz $2.88
Minocqua
US $3.07
🥚
Eggs (grade A, large)
Boaz $2.35
Minocqua
US $2.50
🥛
Milk (whole)
Boaz $3.78
Minocqua
US $4.03
🍞
Bread (white)
Boaz $1.74
Minocqua
US $1.85
🍗
Chicken breast
Boaz $3.89
Minocqua
US $4.14
Electricity
Boaz $0.17
Minocqua
US $0.19