Coloma, WI vs Spencer, WI

Spencer is moderately more affordable than Coloma, with a 13.1% lower cost of living index. Coloma scores 68 compared to 60 for Spencer, where the US average is 100. This difference means residents of Coloma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Coloma is $847/month compared to $550/month in Spencer — a 54% difference. Interestingly, home values tell a different story: while Spencer has cheaper rent, Coloma actually has lower median home values ($115,200 vs $143,000).

Median household income in Coloma is $71,875 compared to $74,245 in Spencer (-3.2%). Spencer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Coloma spend roughly 14.1% of their income on rent, more than the 8.9% in Spencer.