Elk Mound, WI vs Lodi, WI

There is a significant gap in the cost of living between these two cities. Elk Mound is 20.8% cheaper than Lodi. With a cost index of 74 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elk Mound to Lodi should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elk Mound is $984/month compared to $1,180/month in Lodi — a 17% difference. Home values follow the same pattern: Elk Mound is more affordable at $142,500 median vs $286,500.

Median household income in Elk Mound is $62,167 compared to $109,821 in Lodi (-43.4%). While Lodi is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elk Mound spend roughly 19% of their income on rent, more than the 12.9% in Lodi.