Dodgeville, WI vs Salem Lakes, WI
Dodgeville is moderately more affordable than Salem Lakes, with a 10.8% lower cost of living index. Dodgeville scores 83 compared to 93 for Salem Lakes, where the US average is 100. This difference means residents of Salem Lakes can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Dodgeville is $984/month compared to $1,132/month in Salem Lakes — a 13% difference. Home values follow the same pattern: Dodgeville is more affordable at $234,000 median vs $281,500.
Median household income in Dodgeville is $72,768 compared to $94,554 in Salem Lakes (-23%). While Salem Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dodgeville spend roughly 16.2% of their income on rent, more than the 14.4% in Salem Lakes.
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