Edmund, WI vs Mole Lake, WI

There is a significant gap in the cost of living between these two cities. Mole Lake is 26.8% cheaper than Edmund. With a cost index of 59 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mole Lake to Edmund should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edmund is $939/month compared to $493/month in Mole Lake — a 91% difference. Home values follow the same pattern: Mole Lake is more affordable at $133,700 median vs $153,600.

Median household income in Edmund is $60,469 compared to $40,000 in Mole Lake (+51.2%). While Edmund is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edmund spend roughly 18.6% of their income on rent, more than the 14.8% in Mole Lake.