Eagle River, WI vs Prescott, WI

There is a significant gap in the cost of living between these two cities. Eagle River is 26.3% cheaper than Prescott. With a cost index of 73 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Eagle River to Prescott should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eagle River is $862/month compared to $1,284/month in Prescott — a 33% difference. Home values follow the same pattern: Eagle River is more affordable at $165,100 median vs $282,100.

Median household income in Eagle River is $52,027 compared to $82,730 in Prescott (-37.1%). While Prescott 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 18.6% in Prescott.