Eland, WI vs Oconomowoc Lake, WI

The cost of living difference between Eland, WI and Oconomowoc Lake, WI is dramatic. Eland is 64.4% cheaper than Oconomowoc Lake, a gap that translates to thousands of dollars per year in household expenses. Eland has a cost index of 65 while Oconomowoc Lake sits at 182, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Eland are $115,800 compared to $1,328,700 in Oconomowoc Lake, a 91% gap.

Median household income in Eland is $61,250 compared to $250,001 in Oconomowoc Lake (-75.5%). While Oconomowoc Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.