Eleva, WI vs Lake Lorraine, WI

Eleva is moderately more affordable than Lake Lorraine, with a 11.3% lower cost of living index. Eleva scores 68 compared to 76 for Lake Lorraine, where the US average is 100. This difference means residents of Lake Lorraine can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eleva is $725/month compared to $933/month in Lake Lorraine — a 22% difference. Home values follow the same pattern: Eleva is more affordable at $165,900 median vs $194,500.

Median household income in Eleva is $55,625 compared to $55,208 in Lake Lorraine (+0.8%). Eleva offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eleva spend roughly 15.6% of their income on rent, less than the 20.3% in Lake Lorraine.