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Cornell, WI vs Minocqua, WI

68
Cornell
Wisconsin
VS
-22.2%
87
Minocqua
Wisconsin

There is a significant gap in the cost of living between these two cities. Cornell is 22.2% cheaper than Minocqua. With a cost index of 68 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cornell to Minocqua should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cornell is $796/month compared to $683/month in Minocqua — a 17% difference. Interestingly, home values tell a different story: while Minocqua has cheaper rent, Cornell actually has lower median home values ($142,100 vs $409,300).

Median household income in Cornell is $60,667 compared to $42,128 in Minocqua (+44%). Cornell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cornell spend roughly 15.7% of their income on rent, less than the 19.5% in Minocqua.

Income & Cost

Cost of Living Index
Cornell
68
22% cheaper
Minocqua
87
Median Household Income
Cornell
$60,667
31% higher
Minocqua
$42,128

Housing

Median Rent
Cornell
$796
Minocqua
$683
14% cheaper
Median Home Value
Cornell
$142,100
65% cheaper
Minocqua
$409,300
Population
Cornell
1,331
Minocqua
446

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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