Boscobel, WI vs Elkhart Lake, WI

There is a significant gap in the cost of living between these two cities. Boscobel is 29% cheaper than Elkhart Lake. With a cost index of 63 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boscobel to Elkhart Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boscobel is $650/month compared to $1,121/month in Elkhart Lake — a 42% difference. Home values follow the same pattern: Boscobel is more affordable at $130,700 median vs $285,200.

Median household income in Boscobel is $52,457 compared to $86,071 in Elkhart Lake (-39.1%). While Elkhart Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boscobel spend roughly 14.9% of their income on rent, less than the 15.6% in Elkhart Lake.