Elk Mound, WI vs Florence, WI

Elk Mound, WI and Florence, WI have a very similar cost of living, with only a 2.6% difference in their overall index. Elk Mound scores 74 while Florence scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Elk Mound are $142,500 compared to $31,900 in Florence, a 347% gap.

Median household income in Elk Mound is $62,167 compared to $35,733 in Florence (+74%). Elk Mound offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.