Elk Mound, WI vs Howards Grove, WI

Elk Mound, WI and Howards Grove, WI have a very similar cost of living, with only a 0.1% difference in their overall index. Elk Mound scores 74 while Howards Grove scores 74 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.

On the housing front, median rent in Elk Mound is $984/month compared to $701/month in Howards Grove — a 40% difference. Interestingly, home values tell a different story: while Howards Grove has cheaper rent, Elk Mound actually has lower median home values ($142,500 vs $249,200).

Median household income in Elk Mound is $62,167 compared to $72,348 in Howards Grove (-14.1%). Howards Grove offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elk Mound spend roughly 19% of their income on rent, more than the 11.6% in Howards Grove.