Eagle River, WI vs Mole Lake, WI

There is a significant gap in the cost of living between these two cities. Mole Lake is 23.4% cheaper than Eagle River. With a cost index of 59 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mole Lake to Eagle River should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eagle River is $862/month compared to $493/month in Mole Lake — a 75% difference. Home values follow the same pattern: Mole Lake is more affordable at $133,700 median vs $165,100.

Median household income in Eagle River is $52,027 compared to $40,000 in Mole Lake (+30.1%). While Eagle River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eagle River spend roughly 19.9% of their income on rent, more than the 14.8% in Mole Lake.