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Clear Lake, WI vs Somerset, WI

78
Clear Lake
Wisconsin
VS
-15.8%
93
Somerset
Wisconsin

There is a significant gap in the cost of living between these two cities. Clear Lake is 15.8% cheaper than Somerset. With a cost index of 78 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clear Lake to Somerset should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clear Lake is $910/month compared to $1,127/month in Somerset — a 19% difference. Home values follow the same pattern: Clear Lake is more affordable at $172,100 median vs $271,200.

Median household income in Clear Lake is $73,214 compared to $76,176 in Somerset (-3.9%). Somerset 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 Clear Lake spend roughly 14.9% of their income on rent, less than the 17.8% in Somerset.

Income & Cost

Cost of Living Index
Clear Lake
78
16% cheaper
Somerset
93
Median Household Income
Clear Lake
$73,214
Somerset
$76,176
4% higher

Housing

Median Rent
Clear Lake
$910
19% cheaper
Somerset
$1,127
Median Home Value
Clear Lake
$172,100
37% cheaper
Somerset
$271,200
Population
Clear Lake
1,050
Somerset
3,084

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clear Lake $3.20
Somerset $3.20
US $3.07
🥚
Eggs (grade A, large)
Clear Lake $2.61
Somerset $2.61
US $2.50
🥛
Milk (whole)
Clear Lake $4.21
Somerset $4.21
US $4.03
🍞
Bread (white)
Clear Lake $1.93
Somerset $1.93
US $1.85
🍗
Chicken breast
Clear Lake $4.33
Somerset $4.33
US $4.14
Electricity
Clear Lake $0.17
Somerset $0.17
US $0.19