Boscobel, WI vs Rice Lake, WI

Boscobel is moderately more affordable than Rice Lake, with a 13% lower cost of living index. Boscobel scores 63 compared to 73 for Rice Lake, where the US average is 100. This difference means residents of Rice Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Boscobel is $650/month compared to $834/month in Rice Lake — a 22% difference. Home values follow the same pattern: Boscobel is more affordable at $130,700 median vs $178,100.

Median household income in Boscobel is $52,457 compared to $55,040 in Rice Lake (-4.7%). Rice Lake does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Boscobel spend roughly 14.9% of their income on rent, less than the 18.2% in Rice Lake.