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Elkhart Lake, WI vs Granton, WI

89
Elkhart Lake
Wisconsin
VS
+41.7%
63
Granton
Wisconsin

The cost of living difference between Elkhart Lake, WI and Granton, WI is dramatic. Granton is 41.7% cheaper than Elkhart Lake, a gap that translates to thousands of dollars per year in household expenses. Elkhart Lake has a cost index of 89 while Granton sits at 63, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Elkhart Lake is $1,121/month compared to $679/month in Granton — a 65% difference. Home values follow the same pattern: Granton is more affordable at $114,800 median vs $285,200.

Median household income in Elkhart Lake is $86,071 compared to $60,625 in Granton (+42%). While Elkhart Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkhart Lake spend roughly 15.6% of their income on rent, more than the 13.4% in Granton.

Income & Cost

Cost of Living Index
Elkhart Lake
89
Granton
63
29% cheaper
Median Household Income
Elkhart Lake
$86,071
30% higher
Granton
$60,625

Housing

Median Rent
Elkhart Lake
$1,121
Granton
$679
39% cheaper
Median Home Value
Elkhart Lake
$285,200
Granton
$114,800
60% cheaper
Population
Elkhart Lake
1,097
Granton
368

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elkhart Lake $2.88
Granton
US $3.07
🥚
Eggs (grade A, large)
Elkhart Lake $2.35
Granton
US $2.50
🥛
Milk (whole)
Elkhart Lake $3.78
Granton
US $4.03
🍞
Bread (white)
Elkhart Lake $1.74
Granton
US $1.85
🍗
Chicken breast
Elkhart Lake $3.89
Granton
US $4.14
Electricity
Elkhart Lake $0.17
Granton
US $0.19