Clear Lake, WI vs Fairwater, WI

Clear Lake, WI and Fairwater, WI have a very similar cost of living, with only a 2.1% difference in their overall index. Clear Lake scores 78 while Fairwater scores 77 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 Clear Lake is $910/month compared to $1,100/month in Fairwater — a 17% difference. Interestingly, home values tell a different story: while Clear Lake has cheaper rent, Fairwater actually has lower median home values ($130,200 vs $172,100).

Median household income in Clear Lake is $73,214 compared to $81,667 in Fairwater (-10.4%). Fairwater offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clear Lake spend roughly 14.9% of their income on rent, less than the 16.2% in Fairwater.