Elk Mound, WI vs Ontario, WI

There is a significant gap in the cost of living between these two cities. Ontario is 17.1% cheaper than Elk Mound. With a cost index of 63 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ontario to Elk Mound should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elk Mound is $984/month compared to $675/month in Ontario — a 46% difference. Home values follow the same pattern: Ontario is more affordable at $130,000 median vs $142,500.

Median household income in Elk Mound is $62,167 compared to $57,500 in Ontario (+8.1%). Elk Mound does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Elk Mound spend roughly 19% of their income on rent, more than the 14.1% in Ontario.