Elk Mound, WI vs Oliver, WI

Elk Mound is moderately more affordable than Oliver, with a 8.3% lower cost of living index. Elk Mound scores 74 compared to 80 for Oliver, where the US average is 100. This difference means residents of Oliver can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elk Mound is $984/month compared to $1,125/month in Oliver — a 13% difference. Home values follow the same pattern: Elk Mound is more affordable at $142,500 median vs $189,800.

Median household income in Elk Mound is $62,167 compared to $82,500 in Oliver (-24.6%). While Oliver 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 16.4% in Oliver.