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Boyd, WI vs Shell Lake, WI

68
Boyd
Wisconsin
VS
-4.4%
72
Shell Lake
Wisconsin

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.

Income & Cost

Cost of Living Index
Boyd
68
4% cheaper
Shell Lake
72
Median Household Income
Boyd
$60,096
5% higher
Shell Lake
$56,875

Housing

Median Rent
Boyd
$861
Shell Lake
$713
17% cheaper
Median Home Value
Boyd
$124,800
40% cheaper
Shell Lake
$207,100
Population
Boyd
537
Shell Lake
1,513

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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