Boyd, WI vs Shell Lake, WI
Boyd, WI and Shell Lake, WI have a very similar cost of living, with only a 4.4% difference in their overall index. Boyd scores 68 while Shell Lake scores 72 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 Boyd is $861/month compared to $713/month in Shell Lake — a 21% difference. Interestingly, home values tell a different story: while Shell Lake has cheaper rent, Boyd actually has lower median home values ($124,800 vs $207,100).
Median household income in Boyd is $60,096 compared to $56,875 in Shell Lake (+5.7%). Boyd offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boyd spend roughly 17.2% of their income on rent, more than the 15% in Shell Lake.
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