Combined Locks, WI vs Elkhorn, WI

Combined Locks, WI and Elkhorn, WI have a very similar cost of living, with only a 0.9% difference in their overall index. Combined Locks scores 85 while Elkhorn scores 84 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 Combined Locks is $1,081/month compared to $999/month in Elkhorn — a 8% difference. Interestingly, home values tell a different story: while Elkhorn has cheaper rent, Combined Locks actually has lower median home values ($235,800 vs $255,300).

Median household income in Combined Locks is $89,310 compared to $73,052 in Elkhorn (+22.3%). While Combined Locks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Combined Locks spend roughly 14.5% of their income on rent, less than the 16.4% in Elkhorn.